Adding New product

For adding new product the following field are mandatory 

Name

It is name of the product

Kind

it is kind of product that may be stock,nonstock,custom and supplies

Alternate Name

This is the alternate name of product

SKU 

SKU (stockkeeping unit) is an identification, usually alphanumeric, of a particular product that allows it to be tracked for inventory purposes.

 

Details of product

Type/Form

In that we giving type of product whether it is (Slab,Tile,Block,Cut-to-size,Sink)

Category/Nature

In that we giving category of product whether it is (Granite,Marble,Sandstone,Natural stone)

Base Colors

The base color is used to define the color of product  like Black, Brown, Blue, Honey, Gold

Origin

In that we are giving the location of the product from where it will come or produced .

Thickness

The thickness gives the details about the product size because the product can be produced in different thickness like 2cm, 5cm etc.

Unit of measure

A unit of measure is a definite magnitude of a physical quantity, defined and adopted by convention or by law, that is used as a standard for measurement of the same physical quantity. 

Default Affected Accounts

GL Account

A general ledger contains all the accounts for recording transactions relating to a company's assets, liabilities, owners' equity, revenue, and expenses. 

GL Income  Account

The income statement accounts are also known as temporary accounts since the balances in these accounts will be closed at the end of the accounting year. Each income statement account is closed in order to begin the next accounting year with a zero balance.

GL Cost  Account

Cost accounting is a process of collecting, recording, classifying, analyzing, summarizing, allocating and valuating various alternative courses of action & control the cost. Its goal is to advise the management on the most appropriate course of action based on the cost efficiency and capability.

Selling Prices 

Selling Prices is used to define the different-different  prices for single product according to the customer like Dealers Distributor Fabricator all have different- different price list

Reorder Levels 

Safety Stock 

Buffer inventory to account for uncertainty due to fluctuations in demand or lead time. Higher Safety Stock can be used to boost the on time service rate to your customers.

Reorder 

The point at which you order additional raw materials or inventory.

Lead Time  

The amount of time from when you place an order with your vendor, to the time it is delivered to you. This includes the transportation time. 

Purchasing Info

The activity of acquiring goods or services to accomplish the goals of an organization.

The major objectives of purchasing are to 

(1) maintain the quality and value of a company's products, 

(2) minimize cash tied-up in inventory, 

(3) maintain the flow of inputs to maintain the flow of outputs, 

(4) strengthen the organization's competitive position.

Alternate Units Of Measure

This gives the user the ability to record quantities in different unit amounts, depending on the circumstances. For example, you might purchase a raw material by the case, but measure it in pounds when consuming it in production.