Inventory Items tab allows you to manage your stock effectively, covering quantities on hand, average cost, and total inventory value.
To add a new inventory item, click on the
New Inventory Item button.
For detailed instructions, visit InventoryItemForm.
Item Code: Display the item code by enabling this column through the
Edit columns button. Each code corresponds to the one defined for your inventory items.
Item Name: View the names of your inventory items.
Control Account: Check which control account an inventory item belongs to. By default, it's the
Inventory on hand account, but you can set custom accounts. Enable this column as required via
Edit columns. For more on this topic, see Control Accounts - Inventory Items.
Division: If using divisional accounting, this shows the division assigned to each inventory item. The
Division column can be shown through
Edit columns. More information can be found at Divisions.
Description: Read the descriptions ascribed to each inventory item.
Qty on Hand: Examine the physical count of inventory items, which reflects actual item movements due to delivery notes and goods receipts. Enable via
Qty to Deliver: Review the total quantity from open
Sales Orders pending delivery. Enable via
Qty Available: Calculate the stock physically available by enabling this column. It is the
Qty on Hand minus the
Qty to Deliver.
Qty to Receive: View the total quantity expected from open
Purchase Orders. Enable via
Qty to be Available: Get a forecast of stock levels by summing
Qty Available and
Qty to Receive. Enable via
Average Cost: Show the average cost per unit by enabling this column. It's calculated as
Total Cost divided by
Total Cost: Enable this column to view the total cost value of your owned inventory. Enable via
Customize your inventory list view by selecting which columns to display using the
Edit columns button, tailoring the information to meet your management needs.