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Non inventory meaning8/8/2023 ![]() ![]() For more information, see Set Up Service Items and Service Item Components. If your product type is Non-Inventory, select whether the product is a Sales Only product, a Purchase Only product or Both. However, service components can be regular items. Service items have nothing to do with regular or catalog items. For more information, see Work with Catalog Items.Ĭustomers' items that you perform service on, such as a printer, are called service items. this job is the definition of get your check and leave. Catalog items are not to be mistaken with regular items of type Non-Inventory. Out of stock: for non-backorderable items, the on hand quantity of the item is less than or equal to the sum of its on hold quantity and its safety stock. Non-Inventory Receiver (Level 3) (Former Employee) - Bessemer, AL - December 22. Items that you offer to your customers but you do not want manage in your system until you start selling them can be set up as catalog items. Costs for these types of items are not reconciled to the general ledger. The default cost can be specified in the Unit Cost field on the Item Card and Stockkeeping Unit pages. ![]() Non-inventory items for sale can only be sold to customers and entered on customer-facing transactions, such as sales orders, cash sales, or invoices. For non-inventory and service items the cost is specified on the sales, assembly, and production documents and journals. Non-inventory items for sale can be bought, sold, and consumed but are not added to a purchase order or kept in inventory. For more information, see Design Details: Inventory Costing.įor non-inventory and service items the cost is recorded in the Cost Amount (Non-Invtbl.) field on the Value Entries page. When you post inventory transactions, the quantity and value changes to the inventory are recorded in the item ledger entries and the value entries, respectively.įor inventory items, the cost is recorded in the Cost Amount (Actual) field on the Value Entries page, and when it is reconciled to the general ledger the cost will be shown in the Cost Posted to G/L field. Slow-moving inventory is a common issue that many businesses face from time to time. The following table lists the features that the three item types support. Only selected item transaction types and features are supported. The Service and Non-Inventory types do not support tracking of inventory quantities and values. ![]()
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