Raw material inventory is the total cost of all component/parts currently in stock that have not yet been used in ‘Work in Progress’ or Finished Production. Raw material can be categorized in following two types. Direct materials: These are materials incorporated into the final product. For example, the wood used to manufacture wooden chairs. New Stuff: IC/ Copy Bill… Read More »
An item status report, as the name suggests is used to report (print) the status of the inventory items in detail according to the options selected from the image of the form given below: Inventory control -> I/C Stock Control Reports -> Item Status. The items whose status is to be printed can be categorized… Read More »
BOM (Bill of Material) and KIT concepts are widely used in manufacturing and trading domains and hence are offered by all major ERP systems. The concept of BOM and KIT are widespread in various verticals and has a process involved for having them defined in the system. In this Blog, both BOM and KIT are… Read More »
Sage 300 ERP allow user to commit/reserve quantity for a particular item in order. While creating an Order if user commits/ reserve it then, it simply means that quantity is guaranteed to be available unless you allow negative inventory quantities. You can commit/reserve quantity for a particular order manually while doing transactions. In case you… Read More »
Here’s a scenario we came across that was reported on the Sage Accpac forum. User is entering receipts on PO Receipt Entry screen, he enters a QTY for an Item and tries to save the line and an error message pop-ups “Negative Inventory levels are not allowed.” Surprising right? Why would system check Inventory level… Read More »
Greymatrix is a grid inventory system that offers Apparel Retailers with a user friendly interface to maintain transact and analyze their large inventory distributed by style, colour and size. Seamlessly integrated with Sage (Accpac) 300 ERP, GreyMatrix helps the garment and shoe merchants to obtain a 360 view of their inventory, operations and finance and… Read More »
Today, lets see how GUMU Migration converts Inventory Valuation data from QuickBooks to Sage (Accpac) 300 ERP. <<If you would like to see how your quickbooks data will look into Sage (Accpac) 300 ERP after migration, you can download this Sage Accpac Shell company from our website which has QuickBooks sample data migrated using our GUMU solution>> Basically… Read More »