Inventory
Inventory Module and Plus Features
11 articles
- Inventory OverviewCreate Items, Manage real-time stock levels, movements, and COGS using the weighted average method with NuMetric’s Inventory Plus module.
- Items (Products and Services)Items are base inventory components. Items with variants are grouped products with options like size or color, tracked as separate entries.
- Bundled ProductCreate products made from multiple components sold or used together. Ideal for combos, recipes, or assembled items.
- Nested Bundled ProductManually created nested bundle that can be sold or used inside other bundles. Ideal for semi-finished goods.
- Write-Off ProductsRemove damaged, lost, or non-sale items to keep inventory accurate and financial records reliable
- Production RunRecord the manual creation of bundled products by converting components into stock and updating inventory and COGS using average cost
- Understanding Inventory Structure and Components
How To (detailed steps)
step by step creating items
- Create a New Inventory Item – Service You Purchase“Service You Purchase” Item creation
- Create a New Item in Inventory – Service You Sell“Service You Sell” Item creation
- Create a New Item in Inventory – Product You Buy"Product you buy" Item Creation
- Create a New Item in Inventory – Product You Sell"Products you sell"