To Create ABC Codes

In MYOB Advanced, you can use ABC codes to group inventory items based on their stock value and configure physical inventory by ABC codes. You create ABC codes by using the ABC Codes (IN208500) form, as described in this topic.

Note: To open any form, you can navigate to it or search for it (by its name or by its form ID without periods). For more information about search capabilities, see Search.

Before You Proceed

Make sure that the Advanced Physical Counts feature is enabled on the Enable/Disable Features (CS100000) form.

To Create ABC Codes

  1. Open the ABC Codes (IN208500) form.
  2. On the table toolbar, click Add Row.
  3. In the ABC Code column, specify the code identifier.
  4. In the Description column, specify a brief description of the code.
  5. In the Counts per Year column, specify the number of physical inventory counts during the year.
  6. In the ABC Code % column, specify the threshold value (%) of the criteria to be used to assign the inventory items to this code.
  7. On the form toolbar, click Save.
  8. Repeat the previous steps for each ABC code you want to create in the system. In the Total ABC Code % column, make sure that the threshold for all ABC codes adds up to 100%.