Inventoriable Items

If you need to keep track of an item’s cost and quantities, set it up as an inventoriable item. Inventoriable items include the items that you typically keep in stock and include in your physical inventory counts. If you want your sales reports to show the profit or loss for an item, set it up as inventoriable.

To classify an item as inventoriable, type the letter Y in the Inventory (Y/N) field on the Inventory Maintenance screen. To track changes in an inventoriable item’s cost, you need to select one of three inventoriable costing methods. For more information, see Inventoriable Costing Methods.