Maintain inventory Items Accounts

Maintain inventory Items Accounts

1.     First click on the maintain menu then click on to inventory items the following window is opened.

    

2.     When we click on the inventory item this window will be opened.

               

Item I.D: In item I.d we can write the I.d of the specified item for e.g 125 , 122 and etc.

Description:  In this tap we can write the name of the item or the type of item which our customer is purchasing from us.

Item Class: it is the type of the inventory items which we can select from all of these. Like we want to select stock item or non- stock items or etc.

Price Level: In which we can set the price of a specific inventory item that can sold to customers

Income Tax type: In which we can tell that what type of tax it is either it is regular tax or exempt tax.

Last Unit Cost: In which we can write cost of the last unit which we can sold to our customer.

Cost Method: In which we can select either we choose fifo ,lifo  or weighted average method.

GL sales account: In which we can write the GL sales account no.

GL inventory account: in which we can write the GL inventory account number.

Minimum stock : which is below the normal level of inventory.

Re order quantity : in which business buy more inventory so that if the another order comes then you can handle it by that inventory level.

Preferred vendors: in which we can write the vendors id.

Buyer i.d : in which we can write the buyer i.d.