{"id":18854,"date":"2018-05-10T09:24:42","date_gmt":"2018-05-10T09:24:42","guid":{"rendered":"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/?p=18854"},"modified":"2024-03-27T05:37:58","modified_gmt":"2024-03-27T05:37:58","slug":"difference-between-ar-item-and-ic-item","status":"publish","type":"post","link":"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2018\/05\/10\/difference-between-ar-item-and-ic-item\/","title":{"rendered":"Difference between AR Item and IC Item"},"content":{"rendered":"

Sometime there might be a confusion between AR Items and IC Items. In this blog we will discuss about what is exactly the difference between AR Item and IC Item.<\/p>\n

New Stuff:<\/em><\/strong>\u00a0Migrating Items from QuickBooks as AR Items into Sage 300 ERP<\/a><\/p>\n

Account Receivable Items<\/strong>: Accounts receivable (AR) item is an item in the general ledger (GL) that\u00a0shows money\u00a0owed to a business by customers. Basically AR Items are financial creature and not Operation creatures. Adding item records in Accounts Receivable lets you set up a price list of the items you sell to customers or the fees you charge clients. Item numbers also make invoice entry faster. AR Item do not have Quantity on hand, kiting item, BOM Item, Stock Item, and serial item as like inventory item. User can create AR Items in sage 300 using Item screen.<\/p>\n

Navigate to screen:<\/strong><\/p>\n

Account Receivable-> AR Setup-> Item<\/p>\n

\"\"<\/a><\/p>\n

Inventory Control Item:<\/strong>\u00a0Inventory\u00a0is an asset that is intended to be sold in the ordinary course of business. Inventory\u00a0may not be immediately ready for sale. Inventory\u00a0is commonly thought of as the finished goods a company accumulates before selling them to end users.<\/p>\n

Inventory\u00a0can also describe the raw materials used to produce the finished goods, goods as they go through the production process or goods that are “in transit\u201d.<\/p>\n

Navigate to screen:<\/strong><\/p>\n

Inventory Control-> I\/C Items and Price List.<\/p>\n

\"\"<\/a><\/p>\n

You can check the difference between screens too as IC Item creation include with the options as Stock Item, Serial Number, Lot Number, sellable.<\/p>\n

About Us<\/strong><\/span>
\nGreytrix<\/a>\u00a0a globally recognized Premier Sage Gold Development Partner is a one stop solution provider for Sage ERP and Sage CRM needs. Being recognized and rewarded for multi-man years of experience, we bring complete end-to-end assistance for your technical consultations, product customizations, data migration, system integrations, third party add-on development and implementation expertise.<\/p>\n

Greytrix<\/a>\u00a0offers unique GUMU™ integrated solutions of\u00a0Sage 300 with Sage CRM,<\/a>\u00a0Salesforce.com\u00a0<\/a>and\u00a0Magento eCommerce<\/a>\u00a0along with Sage 300 Migration from\u00a0Sage 50 US, Sage 50 CA, Sage PRO, QuickBooks, Sage Business Vision and Sage Business Works<\/a>. We also offer best-in-class\u00a0Sage 300 customization and development services<\/a>\u00a0and integration service for applications such as\u00a0POS | WMS | Payroll | Shipping System | Business Intelligence | eCommerce for Sage 300 ERP<\/a>\u00a0and in Sage 300c development services we offer services such as upgrades of older codes and screens to new web screens, newer integrations using sdata and web services \u00a0to Sage business partners, end users and Sage PSG worldwide. Greytrix offers over 20+ Sage 300 productivity enhancing utilities that we can help you with such as\u00a0GreyMatrix<\/a>,\u00a0Document Attachment<\/a>,\u00a0Document Numbering<\/a>,\u00a0Auto-Bank Reconciliation<\/a>,\u00a0Purchase Approval System<\/a>,\u00a0Three way PO matching<\/a>,\u00a0Bill of Lading<\/a>\u00a0and\u00a0VAT for Middle East<\/a>.<\/p>\n

For more details on Sage 300 and 300c Services, please contact us at\u00a0accpac@greytrix.com<\/a>. We will be glad to assist you.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sometime there might be a confusion between AR Items and IC Items. In this blog we will discuss about what is exactly the difference between AR Item and IC Item. New Stuff:\u00a0Migrating Items from QuickBooks as AR Items into Sage 300 ERP Account Receivable Items: Accounts receivable (AR) item is an item in the general\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[251,779,1209],"class_list":["post-18854","post","type-post","status-publish","format-standard","hentry","category-sage-accpac","tag-ar-item","tag-difference-between-ar-item-and-ic-item","tag-ic-item"],"yoast_head":"\nDifference Between AR and IC Items<\/title>\n<meta name=\"description\" content=\"Discuss the differences between AR and IC items.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2018\/05\/10\/difference-between-ar-item-and-ic-item\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Difference Between AR and IC Items\" \/>\n<meta property=\"og:description\" content=\"Discuss the differences between AR and IC items.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2018\/05\/10\/difference-between-ar-item-and-ic-item\/\" \/>\n<meta property=\"og:site_name\" content=\"Sage 300 ERP \u2013 Tips, Tricks and Components\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-10T09:24:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-27T05:37:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/wp-content\/uploads\/2018\/05\/Image1.png\" \/>\n<meta name=\"author\" content=\"sage300\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"sage300\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2018\/05\/10\/difference-between-ar-item-and-ic-item\/\",\"url\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2018\/05\/10\/difference-between-ar-item-and-ic-item\/\",\"name\":\"Difference Between AR and IC Items\",\"isPartOf\":{\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2018\/05\/10\/difference-between-ar-item-and-ic-item\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2018\/05\/10\/difference-between-ar-item-and-ic-item\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/wp-content\/uploads\/2018\/05\/Image1.png\",\"datePublished\":\"2018-05-10T09:24:42+00:00\",\"dateModified\":\"2024-03-27T05:37:58+00:00\",\"author\":{\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/#\/schema\/person\/1aced4e22c30ccf606960de27c9542f5\"},\"description\":\"Discuss the differences between AR and IC items.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2018\/05\/10\/difference-between-ar-item-and-ic-item\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2018\/05\/10\/difference-between-ar-item-and-ic-item\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2018\/05\/10\/difference-between-ar-item-and-ic-item\/#primaryimage\",\"url\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/wp-content\/uploads\/2018\/05\/Image1.png\",\"contentUrl\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/wp-content\/uploads\/2018\/05\/Image1.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2018\/05\/10\/difference-between-ar-item-and-ic-item\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Difference between AR Item and IC Item\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/#website\",\"url\":\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/\",\"name\":\"Sage 300 ERP \u2013 Tips, Tricks and Components\",\"description\":\"Explore the world of Sage 300 with our insightful blogs, expert tips, and the latest updates. 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