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"