How to Add, Edit and Delete Stock Item

Overview:

Stock items are products related to inventory, and every quantity being purchased or sold in the system is being tracked. These items are the core components of a company's inventory and can include tangible physical goods, such as electronics, clothing, furniture, or food products, as well as intangible items like software licenses or digital downloads.

Procedure:

How to Add Stock Item

1. In Navigation pane, go to Stock > Stock & Services

2. In Stock & Services List View, click Add

3. Supply the fields with data;

• Stock/Service #: This is a compulsory field with maximum of 20 alphanumeric length.
• Stock/Service Name: This is a compulsory field which you need to indicate the name of the Stock or Service.
• Category: This is used to maintain a type categories or group
• Description: This is a compulsory field which you need to indicate the name of the Stock & Service.
• Group: This is a form that allows you to maintain a type group.
• Class: This is used to maintain a type class or group.
• Stock Control: is an indication that an item is inventoriable.
• Account Preset: This is a required field that allows you to assign Account Posting for each stock/service items
• Purchase Price: This is a field to identify the purchase price of the Stock.
• List Price: This is a field to identify the list price of the Stock.
• Min. Price: This is a field to identify the minimum price of the Stock.

4. Once done, click Save or Save & Close

How to Edit Stock & Services

1. In Stock & Services List View, click Code to open.

2. Apply necessary changes. Once done, click Save or Save & Close.

How to Delete Terms

1. In Stock &Services List View, tick a stock item then click Delete.

2. When the confirmation message prompted, click Confirm Delete.

Application:

Created Stock Item are now available in Sales and Purchase Transaction forms

Note: Modifying Stock Control and Stock/Services Deletion is allowed if there is no existing transaction.

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