Creating A New Stock Item In Dynamics 365 Business Central

New Stock Item in Business Central

Creating a new item in Business Central is a simple and quick process. This process also allows you to create sales and purchase orders while creating new items. However, with every new item, you should populate certain mandatory fields in Business Central.

List of mandatory fields:

  1. No – This field represents the item and/or part number.
  2. Description – The field represents a brief description of this item.
  3. The base unit of measure – It represents the stocking unit of measure.
  4. General Product Posting Group Code – This financial field will point to a specific GL account on the profit and loss statement.
  5. Inventory Posting Group Code – This field also saves financial details, pointing to a specific GL account on the balance sheet.
  6. Unit Price– This field represents the unit price for which this item will be sold, on a sales order.
  7. Unit Cost– This represents the unit cost of this item,  for which it will be bought on a purchase order.
  8. Sales Unit Of Measure– This field represents the selling unit of measure.
  9. Purchase Unit of Measure– It represents the purchasing unit of measure.

Discover More About Creating A New Stock Item

Item table in Business Central has several functions, such as creating non-stock items and creating expense items. The main purpose is to standardize the item numbers used throughout the system. This is essential even though there is no true inventory moving through.

Within the item card, users can set up various planning policies for their items for the system to achieve the optimal planning cycle. Also, reorder points are allotted for the specific items, using the fields in the planning tab. Furthermore, on the item card, the users could also specify if the specific item will be lot and/or serial-controlled through the system. You could do this by populating the data in the item tracking tab.

Finally, users can associate various cycle count intervals and quickly review when the last physical and check account took place for this item under the warehousing tab. On the ribbon, different options relate directly to how to add additional information to the item card. This includes adding extended text, creating sales pricing and purchase pricing hierarchies along with creating stock-keeping units. If you have any questions on this process or any other process for Dynamics Business Central, reach out to our team at AdCirrus ERP. We would love to help you!

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Industry Specific Edition

Acumatica cloud ERP’s Industry-Specific Editions are a unique combination of Acumatica cloud ERP functionality and functionality specific to a particular industry or industry segment.

For example, the Manufacturing Edition includes both manufacturing and distribution modules, as well as modules for field service and general business use. The Distribution Edition includes only distribution modules.

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  • Core Enterprise Resource Planning  (including CRM integration)
  • Core Human Resources & Payroll  (HRIS integration with HR applications such as Zenefits)
  • Core Inventory Management  (including barcode scanning technology that can be used to identify inventory items based on their UPC codes or SKU numbers.)

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Acumatica’s sales management features can help businesses increase their sales and revenue.

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You may gather crucial data from various sources and show it in reports made for quick decision-making with Acumatica cloud ERP. This software includes analytical tools for monitoring the state of your business. It identifies problems before they substantially harm your company.

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There are a number of ways businesses can make the most out of Acumatica’s features. For example, businesses can use Acumatica to:

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