Inventory

To create a record for an item you buy and sell, but don't inventory

 

The Items List window should be displayed.

  1. Click New. (Creating items)


  2. In the Item Number field, enter a unique number. You can use up to 30 numbers, letters and symbols.


    The backslash character (\) serves a special purpose in MYOB AccountEdge, any item number that begins with a backslash can be included on sales and purchase forms, but the item number won't appear on printed forms.
  1. Enter the name of the new item in the Name field using up to 30 characters.


    If your company has many items in stock, your list of items is probably long. You may prefer to enter items and sort your item search lists alphabetically by the items' names instead of by the items' numbers. If you want to use this alternative, in the Windows view of the Preferences window, mark the preference Select Items by Item Name, Not Item Number.
  1. Mark the two boxes labeled I Buy This Item and I Sell This Item.


    As you mark these boxes, you'll notice that other fields automatically appear.
  1. Next, you'll enter purchasing information for the item. Click the Buying Details tab.


    In the Buying Unit of Measure field, enter the item's buying unit of measure, that is, the method by which this item is packaged when you purchase it. Some typical units of measure are Each, Pair, Case, Gross, Hour and Day.
  1. If you pay tax when you purchase the item, mark the box I Pay Sales Tax When I Purchase This Item.


    The item will automatically be marked when you enter a line item for this item in the Purchases window.
  1. Next, enter selling information for the item. Click the Selling Details tab.


  1. If you collect tax when you sell the item, mark the box I Collect Sales Tax When I Sell This Item.


    When you make a selection from this list, the item will automatically be marked when you enter it as a line item in the Sales window.
  1. At this point, you've entered the item's basic information. Click OK to add this item record to the Items List,


    If you wish to enter additional information, continue creating the record using the procedure To add a new item -- all types.

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