Preparing Inventory Entities

The primary inventory entity defined in MYOB Acumatica is stock items: the finished goods and raw materials that cost money, have value, and are stored. For each stock item, you create a record on the Stock Items (IN202500) form that holds the settings of the item, such as the GL accounts assigned to the item and the rules for the item's availability calculation.

Before you start creating stock items in the system, you need to create the entities that are used in the item's settings, as described in this topic.

Inventory Entities to Be Created

You need to create the following entities before users can start processing the documents related to inventory in MYOB Acumatica:

The order in which you create entities is important, because some entities derive settings from other entities or use them in other ways. You first create posting classes, units of measure, and availability calculation rules in any order; you then create the item classes for which these entities will be used as settings. After item classes have been created, you create the stock items that will belong to these item classes and will derive settings from them. (See the following diagram.)

Figure 1. The use of settings in inventory entities