Stock Items to Be Tracked Post-Sale: To Create Components

In this activity, you will create components for a stock item. To do this, you will first create an item class that is intended to group and provide similar settings to components (that is, stock items of a component equipment class). Then you will create stock items based on this item class. You will also specify warranty settings for these components.

Story

Suppose that the SweetLife Service and Equipment Sales Center is planning to sell cold press juicers with components. Acting as an administrative user, you will create the CPRESSCOMP - Cold press juicer components item class designed for components, which will group the components of cold press juicers. You will then create stock items based on this item class to represent the individual components for the cold press juicers.

Process Overview

On the Item Classes (IN201000) form, you will create an item class with the Component option button selected on the Service Management tab. Then on the Stock Items (IN202500) form, you will create stock items based on the newly created item class.

System Preparation

Before you begin performing the steps of this activity, on the MYOB Acumatica website, sign in to a company with the U100 dataset preloaded. You should sign in as a system administrator by using the gibbs username and the 123 password.

Step 1: Creating an Item Class for Components

To create an item class for components, do the following:

  1. On the Item Classes (IN201000) form, add a new record and specify the following settings in the Summary area:
    • Class ID: CPRESSCOMP
    • Description: Cold press juicer components
  2. On the General tab (General Settings section), specify the following settings:
    • Stock Item: Selected
    • Item Type: Finished Good
    • Tax Category: EXEMPT
    • Posting Class: AOL
    • Default Warehouse: EQUIPHOUSE
    • Availability Calculation Rule: ALLOTHER
  3. In the Unit of Measure section, specify the following settings:
    • Base Unit: ITEM
    • Sales Unit: ITEM
    • Purchase Unit: ITEM
  4. On the Service Management tab, select Component under Equipment Class.
  5. On the form toolbar, click Save.

Now you can create the stock items (that is, the individual components) in the item class that you have created.

Step 2: Creating Components

In this step, you will create the components listed in the table below.
Description Inventory ID Company Warranty Vendor Warranty
Juice Cup H30J CUPH300J 6 months 3 months
Hopper for cold press juicers (plastic) HOPPERH3 3 months N/A
Hopper H30J metallic 30HOPPERJK 3 months N/A
Plunger H30J PLUNGERH30J 6 months 12 months
Auger H30J AUGERH30J 12 months 12 months
Drum H30J DRUMH30J 12 months 6 months

To create the components, do the following:

  1. On the Stock Items (IN202500) form, add a new record and specify the following settings in the Summary area:
    • Inventory ID: CUPH300J
    • Item Status: Active
    • Description: Juice Cup H30J
  2. On the General tab, in the Item Class box (Item Defaults section), select CPRESSCOMP.

    The Type, Tax Category, Posting Class, and Default Warehouse boxes, as well as those in the Unit of Measure section, have been populated with the values from the selected item class.

  3. On the Price/Cost tab, set the Default Price to 50.
  4. On the Service Management tab, do the following:
    • In the Manufacturer box, select JUICEAPP.
    • In the Equipment General Warranty section, set Company Warranty to 6 Months and Vendor Warranty to 3 Months.

      Notice that the Component option button (under Equipment Class) has been selected based on the settings of the item class you selected, and you cannot change this setting.

  5. On the form toolbar, click Save.
  6. On the form toolbar, click Add New Record to create a new component and specify the following settings:
    • Inventory ID: HOPPERH3
    • Item Status: Active
    • Description: Hopper for cold press juicers (plastic)
  7. On the General tab, select CPRESSCOMP as the Item Class.
  8. On the Price/Cost tab, set the Default Price to 40.
  9. On the Service Management tab, do the following:
    • In the Manufacturer box, select JUICEAPP.
    • In the Company Warranty box, specify 3 Months, and in the Vendor Warranty box, leave 0.

      Notice that the Component option button is again selected and unavailable.

  10. On the form toolbar, click Save.
  11. On the form toolbar, click Add New Record to create a new component and specify the following settings in the Summary area:
    • Inventory ID: 30HOPPERJK
    • Item Status: Active
    • Description: Hopper H30J metallic
  12. On the General tab, select CPRESSCOMP as the Item Class.
  13. On the Price/Cost tab, set the Default Price to 50.
  14. On the Service Management tab, do the following:
    • In the Manufacturer box, select JUICEAPP.
    • In the Company Warranty box, specify 3 Months, and in the Vendor Warranty box, leave 0.

      Notice that the Component option button is again selected and unavailable.

  15. On the form toolbar, click Save.
  16. On the form toolbar, click Add New Record to create a new component and specify the following settings:
    • Inventory ID: PLUNGERH30J
    • Item Status: Active
    • Description: Plunger H30J
  17. On the General tab, select CPRESSCOMP as the Item Class.
  18. On the Price/Cost tab, set the Default Price to 25.
  19. On the Service Management tab, do the following:
    • In the Manufacturer box, select JUICEAPP.
    • In the Company Warranty box, specify 6 Months, and in the Vendor Warranty box, specify 12 Months.

      Notice that the Component option button is again selected and unavailable.

  20. On the form toolbar, click Save.
  21. On the form toolbar, click Add New Record to create a new component, and specify the following settings:
    • Inventory ID: AUGERH30J
    • Item Status: Active
    • Description: Auger H30J
  22. On the General tab, select CPRESSCOMP as the Item Class.
  23. On the Price/Cost tab, set the Default Price to 70.
  24. On the Service Management tab, do the following:
    • In the Manufacturer box, select JUICEAPP.
    • In the Company Warranty box, specify 12 Months, and in the Vendor Warranty box, specify 12 Months.

      Notice that the Component option button is again selected and unavailable.

  25. On the form toolbar, click Save.
  26. On the form toolbar, click Add New Record to create a new component and specify the following settings in the Summary area:
    • Inventory ID: DRUMH30J
    • Item Status: Active
    • Description: Drum H30J
  27. On the General tab, select CPRESSCOMP as the Item Class.
  28. On the Price/Cost tab, set the Default Price to 100.
  29. On the Service Management tab, do the following:
    • In the Manufacturer box, select JUICEAPP.
    • In the Company Warranty box, specify 12 Months, and in the Vendor Warranty box, specify 6 Months.

      Notice that the Component option button is again selected and unavailable.

  30. On the form toolbar, click Save.

Now you can create a piece of equipment with components, but first, you need to create the appropriate item class for it.