Stock Items: Implementation Activity

In this implementation activity, you will learn how to create stock items.

Attention: This activity is based on the U100 dataset. If you are using another dataset, or if any system settings have been changed in U100, these changes can affect the workflow of the activity and the results of the processing. To avoid any issues, restore the U100 dataset to its initial state.

Video Tutorial

This video shows you the common process but may contain less detail than the activity has. If you want to repeat the activity on your own or you are preparing to take the certification exam, we recommend that you follow the instructions in the steps of the activity.

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Story

Suppose that you are an implementation manager. You are configuring inventory for the SweetLife Fruits & Jams company, which produces and sells jam from various fruits.You will create a stock item for banana jam in 32-ounce jar.

System Preparation

Before you start creating the stock item, you should do the following:

  1. Launch the MYOB Acumatica website with the U100 dataset preloaded, and sign in to the system as implementation manager Kimberly Gibbs by using the gibbs username and the 123 password.
  2. On the Enable/Disable Features (CS100000) form, make sure that the Inventory and Order Management and Inventory features are enabled.
  3. On the Reason Codes (CS211000) form, create and save the reason codes that are required for configuring inventory and order management, as described in Reason Codes: Implementation Activity.
  4. Create the JAM item class, as described in Item Classes for Stock Items: Implementation Activity.

Step: Creating Stock Items

To create a stock item for banana jam in 32-ounce jars, do the following:

  1. On the Stock Items (IN202500) form, add a new record.
  2. Do the following to create a stock item for the banana jam in 32-ounce jar:
    1. In the Summary area, specify the following settings:
      • Inventory ID: BANJAM32
      • Item Status: Active
      • Description: Banana jam 32 oz
    2. On the General tab, do the following:
      1. In the Item Class box, select JAM.
      2. In the Base Unit box, select PIECE.
      3. Make sure that the Divisible Unit check box right of the Base Unit box is selected.
      4. Make sure that the following settings have been copied from the item class: Type, Valuation Method, Tax Category, and Posting Class.
    3. On the GL Accounts tab, make sure that the accounts have been copied from the Posting Classes (IN206000) form for the FDI posting class (GL Accounts tab).
    4. On the form toolbar, click Save.

Now that you have created the stock item for banana jam, you can include the jam jars in documents.

Activity Recap

In this activity, we have illustrated how the implementation manager has created a new stock item.