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Setting Up Stock Groups

Exo Business has a single product classification. You can add categories using Extra Fields, but you must also customise reporting to incorporate those categories.

You can set up the expected margin on a Stock Group, together with an allowable variance from the expected margin.

To set up a Stock Group:

  1. Select Stock > Stock Groups from the Admin menu in Exo Business Configurator. The Stock Groups window displays:

  2. Click New. The Details tab displays:

Field Definitions

Field

Description

Stock group number

The number assigned to this group.

Stock group name

Enter a name for this group

Parent group

Select a parent group from the dropdown list.

Report Code

Enter the report code.

Display on website

Select this option to display the stock on your web site, under this group.

Website picture

The path and file name of a .gif or .jpg file of a picture to display on your website as a heading for products in this group.

Autocode prefix

Enter an Autocode Prefix, and a numeric Autocode Suffix that increments when you generate stock codes. Autocode generates values against each product group.

Autocode suffix

Expected margin

Enter an expected margin, together with an allowable variance from this expected margin. For example, a margin of 40% with an acceptable 5% variance is 35% through 45%.

Margin variance +/-

Sales GL code

Select the Sales and Cost GL codes using the General Ledger Account search window.

Cost of sale GL code

Purch clearing GL code

The General Ledger Account code that purchase transactions for this stock are posted to.