Inventory Summary

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The Summary tab of the Inventory module allows the recording of an Item's primary details, and displays the information of the currently selected record. It is broken up into the following sections:

Here you can record the Product's ID and Description, as well as Type, Manufacturer, and Category for reporting and searching purposes.

Use the Transaction Type dropdown to define where the Item will appear on Jobs (Parts, Fees, or Expenses).

Setting a Replacement Part # will flag the Item as superseded, prompting you to use the replacement Product whenever ever attempting to use the current product.

Defining a Unit of Measure will multiply the Quantity, Cost, and Price, by the UOM's multiplier (set in Codes Setup) when the Item is added on a Job or Invoice. This is used when charging the product in different units than you use it in (e.g. you use a certain number of rolls on the job, but charge by the metre).

The Price Details sections allows the setting of Cost and Sell Prices for the Inventory Item. The Cost is the dollar amount per 1 quantity that you pay for the Item. Use the Price Levels to define the unit Price to charge different Customers. New Price levels are created in Codes Setup.

Use the 'Markup Sell Price by' dropdown to set whether the Markup percentages are based off the Cost, Trade Price, or System default. Alternatively to the Markups, Prices can be set as a fixed dollar amounts.

The Price Level used when adding a Part to a Job or Invoice is defined by the Price Code set on the Job or Invoice's Billing Customer