Inventory Item Default information

As we maintain the default information of the customers and vendors, same as we maintain the default information of the inventory items. As we select some specified terms for the customers and vendors which apply on all the customers and vendors, same we will make some terms and conditions for all the inventory items. It includes the general information about the inventory, the general accounts costing information, the custom fields and the pricing of the inventory. To set the default information for the inventory go to the maintain drop down menu and open the default information tab and then select the inventory items option. As shown in the below picture:

When you will select the option of inventory item the following window will appear:

The inventory item defaults window has the following tabs:

General Tab:

The general tab shows the 3 information related to inventory. 1^st is the option of the UPC/SKU. This option is regarding the values and codes for your inventory item. These two terms are related to the system of America. If you want to give any bar code to your inventory items so you can select the check box.

The 2^nd option is related to the quantity available of the inventory items. This option is about the inventory quantity which is available for you. In Peachtree, there are two methods of maintaining the quantity available. Either you just add those items which are in your hand or you also add those items which you have ordered from your vendors.

GL Accounts/Costing Tab:

These defaults are used when creating new item. Individual records can be changed as they are created in the maintain inventory item screen.

Taxes/Shipping Tab:

Tax shift is used to classify sales taxes for state reporting. Ship method is used for shipping on invoices.

Custom Fields Tab:

Custom fields can be used to enter extra information about items. You can use the fields given to label them on all your label screens. Do remember the enabled box must be checked for tax to be entered.

Price Levels Tab:

Price levels are used in sales transactions to establish different item pricing categories.