Link Group Code to Inventory Item

InventoryOnce the groups have been created, you will need to link the inventory Items to the respective group Codes in Huge ERP arecodes.

ToInventory controlModeule> inventoryConfiguration> integrationInventory into the general ledgerSetu
Group Codes Setup in WebAccountingp

Inventory Module> Configuration> Group Codes Setup

Enter Group Code : CodeSelevt and Descriptionedit andthe saverequired Inventory Item

Enter Account that this group code item will post to

Save and close.

Link the group code to an inventory item

UsingClick InventorySave Groupsand to Control IntegrationClose.

As noted earlier, each inventory group contains a set of general ledger accounts. WebAccounting  needs these accounts to know where in the general ledger to update transactions belonging to that group.

For example, you can create one inventory group forcode allsetup yoursection, inventory items. All inventory activitythis will updatedictate the samerelevant generalsales ledgerand accounts.

cost

Youof achievesales account posting when this byitem creatingis additionalprocessed inventoryon groups,an eachinvoice ofor whichcredit contains its own set of general ledger accounts.

This gives you the analysis you require.

You also gain two additional benefits:

you can see the financial implications of groups of inventory items in your business

you can use general ledger budgets to budget inventory activity and track performance of these groups.

Using Inventory Groups to Categories Items

Inventory Setup> Add

Instead of analyzing groupings of inventory in your general ledger, you may prefer to analyses them within your inventory system only.note.

You can generate many inventory reports using the inventory groupgroup, sequence.thereby Theseassisting reportsin alsosales give you totals perand inventory group.analysis.