From the following available options, choose the default G/L method for this item:

Enter the type of unit by which you manage the inventory, for example, box, carton, or case.

This is relevant for perpetual inventory only.

Select one of the following:

Specify the cost of the item for the standard valuation method.

The value is updated and calculated for all inventory entries for Moving Average and FIFO.

Defines the calculation method for the inventory level requirements. You can define the minimum, maximum, and required quantities for an item on company level or warehouse level.

If you select the checkbox, the system checks the warehouse inventory level in the warehouse that was selected for the item when the sales document was entered. If a transaction causes the inventory level in that warehouse to fall below the defined inventory level, a warning message appears even if the total available inventory of the item is greater than the minimum warehouse quantity.

If you do not select this checkbox, the application checks the company inventory level values and checks the total available inventory in all warehouses where this item is stored.

When you select this checkbox, on the Inventory Data tab, the following three columns appear in the table, and you can define the inventory level values for each warehouse respectively:

When you deselect this checkbox, on the Inventory Data tab, the following three fields become editable, and you can define the inventory level values for all warehouses in this company jointly.

Enter minimum, maximum, and required inventory levels for the item. This is a company level definition. You can only edit these fields when you deselect the Manage Inventory by Warehouse checkbox.

Enter values for the minimum, maximum, and required inventory levels for each warehouse if necessary. These three columns only appear when you deselect the Manage Inventory by Warehouse checkbox.

Locks the warehouse for the item and prevents you from adding the item from this warehouse to any A/R or A/P document.

The number of items on consignation. The value in this field is a result of the quantity in open deliveries minus the quantity in open returns.

Displays whether you have counted the items in stock and the current number of the counted items in stock.

Displays an inventory count cycle for the item in the warehouse as defined in the Inventory Cycles – Setup window.

Displays the date of the next inventory count according to the cycle you have selected. You can change the date manually.

Displays the time of the next inventory count according to the cycle you have selected. You can change the time manually.

Displays the code of the employee who is defined as a user in the system.

Select to define whether the system issues an alert when the next inventory count is due.

An offsetting account (contra-account) to a WIP (work in progress) account used within production transactions and used for change of value of a WIP account during the production process.

This account is used only when you select the Accounting with Balance Sheet Accounts and Profit & Loss Accounts option of the production order document, on the Per Document tab of the Document Settings window.

An offsetting account (contra-account) to an inventory account used within production transactions and used for change of value of an inventory account during the production process.

This account is used only when you select the Accounting with Balance Sheet Accounts and Profit & Loss Accounts option of the production order document, on the Per Document tab of the Document Settings window.

Select to define the warehouse as a default for the item.