Stock (Inventory) Groups

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You can set up inventory groups to divide your inventory into segments that have the same characteristics.

Each stock item will be associated with an inventory group (stock group).

 

Inventory groups determine markups, line discounts and you get turnover figures per stock group.

If you sell an item the Stock Group will determine to which sales and cost of sales account it will be posted to.

 

Go to: Stock Items > Stock Groups

Hover the mouse over the different fields on the form. If the cursor changes to a hand (Hand_Cursor) , click to get more information.

RTS LookupGoods ReceivingGRN LookupPO LookupNew RTSNew POPurchase PlanningExtraStock GroupsStock TakeStock AdjustmentsStock OptionsStock TurnoverItem LookupExtended Item LookupStock DetailNew ItemStock Main Menu

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WebTransferNo Default Item ImageSafety %No Cover ImageBulk ChangeMonthsAutomatic Maximum DiscountMaximum Line DiscountMarkupPrintAdd new main groupStock_Groups

 

Add your Stock Groups.

Connect each Stock Group to a specific Cost Account, Sales Account, Stock Account and a Stock Adjustment Account.

 

http://bit.ly/SiStockGroups