Add Sales Product Class
Search window -> Product Class field -> Product Class Search -> ADD
button -> Add Sales Product Class
When new sales products are being added, sometimes a new Group
and/or Class are also required if the Sales Product # Mask defined
in the Company Inventory Parameters,
requires the Group or Class to be part of the product #.
From the Assign Product Number in the
Product Class Search window, click on the
ADD button to add a sales class on-the-fly.
The ability to add new classes can be controlled at the operator
level according to whether the Security
Role that is assigned to the Operator
allows access to Sales Product
Classes.
The prompts are:
-
- PRODUCT CLASS
- The next available Product Class # displays. This number can be
over-typed.
To avoid URL errors the 5 special characters "/&?%+"are not
allowed in the numbering sequence when creating new Product
Classes.
DESCRIPTION
- Enter the description for this Product Class.
ALT. LANGUAGE DESCRIPTION
- Enter the Alternate Language Description.
ADDITIONAL INFORMATION
- Window to access the additional information fields, or click
the ACCEPT button to accept the defaults as setup in Product Class Defaults and close the Add
Product Class window.
These additional fields are:
- TAX CODE 1
- Enter the first Tax code, as setup in Tax
Codes, or accept the default Tax Code, or select a Tax Code
from the window.
TAX CODE 2
- Enter the second Tax code, as setup in Tax
Codes, or accept the default Tax Code, or select a Tax Code
from the window.
COST OF GOODS SOLD ACCOUNT
- Enter the G/L account for Cost Of Goods Sold, or accept the
default G/L account, or select it from the G/L Account Search window.
REVENUE ACCOUNT
- Enter the G/L account for the Revenue postings, or accept the
default G/L account, or select it from the G/L Account Search window.
INVENTORY ACCOUNT
- Enter the GL account for the Inventory postings, or accept the
default G/L account, or select it from the G/L Account Search window.
DEFAULT MARKUP %
- Enter the desired percent for the markup of cost to list price,
or window to use the Margin Calculator
.
REVENUE POSTING BY TAX CODE
- Skip this field if the revenue should be posted according to
the Revenue Account selected above. This is the standard method.
In special situations, setup the Revenue Posting By Tax Code in
the window.
If an invoice is posted using a Tax Code listed here, it will post
both the Rental Revenue and the Sale Of Rental Equipment Revenue to
the corresponding Revenue account in this window. If the tax code
is not listed here, the Revenue will be posted to the standard
Revenue Accounts selected for the Product Class.
The prompts in the window include
- TAX CODE
- Enter a Tax Code, or select one from the drop-down list.
The description displays as setup in Tax
Codes.
- REV ACCT
- Enter a G/L Revenue Account, or select it from the window.
All invoices with this tax code will post the Revenue to this G/L
Account.
- Finished?
- Click ACCEPT to accept or CANCEL to abort.
Multiple tax codes can be entered to use Revenue Posting by Tax,
for this class.
Finished?
- Click OK to accept the Additional Class
Information.
Finished?
- Click ACCEPT to accept the new Product Class or CANCEL
to abort.
Topic Keyword: ADDCLASS