Master Records > Inventory Type > Set Up Inventory Type Record

Inventory type records define the default settings of the inventory records to which they are assigned. Inventory types represent groups of related inventory items, such as computer monitors, or videotapes packaged in a specific unit-of-measurement (six-packs versus 3-packs).

You can set up inventory type records using the Inventory Type Maintenance function. This function may be accessed in the Sales Order, Accounts Receivable, Purchase Order, Inventory Control, Manufacturing, Return Merchandise Authorization, or Return to Vendor Authorization modules.

Before you can successfully set up an inventory type record, you must first create certain maintenance records depending upon the modules that are activated in the system.

If the Inventory Control module is activated, you must first set up the following maintenance records in this particular order:

•Warehouse Code

•Revenue Code

•Unit of Measurement

•Specification, if the Inventory Specification module is also activated

If the Sales Order, Accounts Receivable, Purchase Order, Manufacturing, Return Merchandise Authorization, or Return to Vendor Authorization modules are activated but not the Inventory Control module; you must first set up the Revenue Code maintenance record.

To set up inventory type records, perform the following procedures:

1.Access the Inventory Type function from the Inventory group of the Maintenance main menu. If the Inventory Type Maintenance function is accessed for the very first time and there are no existing inventory type records, the Information Page is automatically displayed; otherwise, the Search screen is displayed.

Note: If the Inventory Control module is not activated, you cannot drill-down on the Warehouse and U of M fields as the Warehouse Maintenance and Unit-of-Measurement Maintenance functions are not available.

2.Enter in the Inventory Type field, the inventory type record that you want to create. For your convenience, it is advisable to create a code that is easily identifiable with the inventory type you are creating.

3.Enter in the Description field a brief description of the inventory type that you are setting up.

4.Enter the basic information in the Information page, about the inventory type. For more details on the fields and steps to be performed in this page, refer to the Information Page section.

5.Access the Warehouse page and enter, review or update the warehouse(s) and bin(s) information you want to assign to the inventory type record. Refer to the Warehouse Page section for more details.

6.Access the Remarks page and enter, review, or update narrative information about the inventory type. For more information about this page, refer to the Remarks Page section.

7.In the Settings page enter a variety of information concerning the inventory type. You can also set up in this tab certain parameters for the inventory type. Refer to the Settings Page section for more details.

8.Access the GL Accounts page and enter, review, or update the default revenue code and GL Account IDs to which the transactions involving the inventory items assigned with this type will be posted. See the GL Accounts Page section for detailed information.

9.When you are ready to save this inventory type record, click the Save button in the function toolbar; otherwise, click the Close button to exit the function screen.

Set Up Inventory Type Record

Set Up Inventory Type Record

See Also