Each stock item has a unique code and name. We recommend that you create a system for assigning stock codes.
Stock items operate in Sage 200 according to the settings enabled for them. These are selected:
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From the product group.
The product group is used to group stock items together that have similar characteristics or requirements.
You create several default settings for stock items in the product group. If required, these settings can then be amended for individual stock items.
The following can be only be set on the product group:
- Product type.
- Costing method.
- Movement history.
- Negative stock.
- Units of measure.
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On the individual stock item.
The remaining details such as item description, tax rate and trading details are set on the stock record.
Note: If you are using Manufacturing, you can add details of internal contacts to the stock item. These are the contacts who will purchase the items and not the contact details of the suppliers who supply the items. Supplier contacts are stored in the Purchase Ledger account.