Add a New Inventory Item

To create an inventory item click Inventory on the Navigation menu, click New Product and then follow these steps:

  1. Enter the details for the item.
    • Enter the item SKU.
    • Enter an optional UPC code.
    • Enter the Name to identify a description.
    • Select a Category.
    • Enter the Re-order At number to identify when to re-order an item based on the current assets in stock.
    • Enter the Lead Time (days) number to establish a time frame for how long it will take to receive the re-ordered item.
    • Enter the Bin Location where the product is stored at the warehouse.
    • Enter the Unit Weight per item to help determine shipping costs.
    • Enter the Price that you will charge for the item.
    • Enter the FMV Fair Market Value for the cost or value of the item.
    • Enter the Handling Cost associated with the item.
    • Enter the Default Asset Cost to identify the cost for the item.
    • Enter the Max Quantity to keep in stock.
    • Select the Default Fund to associate the price with a fund when entering transactions in Rapid Entry.
  2. Mark the checkboxes to establish additional details for the item.
    • Mark the For Sale checkbox to identify the item as available for sale in Rapid Entry or in the Estore.
    • Mark the Allow Backorder checkbox to allow the item to be ordered when the item is not in stock.
    • Mark the Allow Discount checkbox to offer the product at a discounted price.
    • Mark the Taxable checkbox to add sales tax to the price of the item.
    • Mark the On Demand checkbox to produce the item when an order is placed for the item. Examples incude MP3 recordings or CDs and DVDs.
    • Mark the Service Only checkbox to identify the item as an intangible product and not a physical asset.
  3. Click Save.