Item
An Item represents any product, material, or service that a business deals with. Items can be raw materials, finished goods, consumables, or services, and they form the core of inventory and sales management.
Types of Items:
- Raw Material: Used in the production of other items (e.g., wood, screws).
- Finished Goods: Completed products ready for sale (e.g., tables, chairs).
- Consumables:Items consumed during operations but not part of the final product (e.g., glue, lubricants).
- Services:Non-physical items offered to customers (e.g., installation, repair services).
To access the Item list, go to:
Home > Stock > Items and Pricing > Item
How to Create an Item:
- Go to the Item list, click on new.
- Enter an Item Code, the name will be auto-filled the same as Item Code on clicking inside the Item Name field.
- Select an Item Group.
- Enter the opening stock units and standard selling rate.
- Save
Purpose of an Item:
- To manage inventory efficiently.
- To organize purchasing, manufacturing, and sales processes.
- To track costs and pricing for profitability analysis.
- To streamline production using linked BOMs and routing.