To create a record for an item you use only as a component to build other items

Step 1 > 2

If you haven’t already read the Items Overview, see An item you use only as a component to build other items for more information.

The Items List window should be displayed.

  1. Click New.
  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 Accounting Plus—any item number that begins with a backslash can be included on sales and purchase forms, but they won’t appear on printed forms.

  1. Enter the name of the new item in the Name field using up to 30 characters.
  2. Mark the two boxes labeled I Buy This Item and I Inventory This Item. As you mark these boxes, you’ll notice that the Asset Account for Item Inventory automatically appears in the window.

In The Asset Account for Item Inventory field, enter the number of the account you want to use to track the total value of this item.

  1. Next, you’ll enter purchasing information for the item. Click the Buying Details tab at the top of the Item Information window to display the Buying Details view.
  1. 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.
  2. In the Number of Items per Buying Unit field, enter the number of items that make up one buying unit—that is, the number of items that will be added to your inventory each time you purchase one of these items.

    The number you enter depends on how you count your inventory. While in many cases the number you enter will be 1, if you sell lamps individually, for example, you’ll enter 2 if you want your inventory to increase by two individual lamps each time you purchase one pair of lamps.
  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. At this point, you’ve entered the item’s basic information. If you want more information about the Item Information window read Other considerations when creating items.

Click OK to add this item to the Items List, then continue to Step 2, Enter the item’s opening quantity and value.

See also

Using tax codes

Using custom lists and fields

To enter a description of an item

To enter historical information about an item

To enter a label for a custom list

To create list entries on a custom list

To change a list entry on a custom list

To delete a list entry on a custom list

To enter a label for a custom list

To display a picture (or change the picture you display)

To remove a link to a picture

To create a record for an item you use only as a component to build other items