¶ Item creation
Item creation in Accu360 ERP is a fundamental process that involves setting up and defining various aspects of products or items that a company deals with. It includes goods and services both.
Prerequisites
¶ Comprehensive Guide to Create Item Master
¶ Step 1 - Navigate to the Item List:
Home > Stock Module > Items and Pricing > Item
- Click on the “Stock” module.
- Access Items and Pricing within the Stock module.
- Select “Item” to open the Item list.
¶ Alternatively
- Press “CTRL + G” to open the Search Bar.
- Input “Item” and select ITEM LIST.
¶ Step 2 - Add a New Item
- Click on the + button to add a New Item.
- Add all the necessary details regarding the Item.
¶ Step 3 - Save the Item
- Click on the “RIGHT TICK” to save.
¶ Necessary Points to be Kept in Mind
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Valuation Rate: Items can be defined with valuation rates for accounting purposes, but it’s optional for now as there’s no opening stock.
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HSN and SAC Codes: These are classification codes for goods and services, used for taxation and statistical purposes, ensuring uniformity and ease of taxation compliance.
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GST Classification: Items can be classified as either “Nil rated or Exempted” or “Non-GST,” depending on their GST status.
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Brand: Option to create a brand for the item.
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Unit of Measure: Select the unit for purchasing the item.
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Standard Selling Rate: Set the selling rate for the item.
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Supply Raw Materials for Purchase: For items sent to job work, select this option.
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Batch Number, Serial Number: Check out Other Relevant Documents Section
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Service Item - If any Services is purchased then this option must be selected
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Fixed Asset Option: If the item is a fixed asset, click this option.
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Allow Alternative Items: Set alternative items for stock-out situations.
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Maintain Stock Option: Include or exclude the item from manufacturing.
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Is Sub Item Option: Define the item as a sub-item, which means a Part of a Big Item. Example- Seats for a Car.
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Description: Add a description for the product.
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Item Tax: Configure item-tax Template specifically for the item.
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Sales, Purchase, and Accounting Defaults: Set default warehouse, auto-reorder, and add product image.
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More Information Section: Variants, barcodes, inventory details, purchase replenishment, supplier details, foreign trade details, sales details, and customer details.
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Website Option: Configure the item that should be available on the website as well.
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Overview: View all the documentes related to this Item.