Menu: Stock | Maintain Stock Group...
Introduction
- Credit Terms use to calculate the due date for the documents like sales invoice, cash sales, sales debit note, purchase invoice, cash purchase, and purchase debit note.
Maintain Stock Group
- Maintain Stock Group entry form as shown the screenshot below.
Field Name Explanation & Properties Code - Input the new Stock Group code
- Field type : Alphanumerical
- Length : 20
Description - Input the Stock Group description
- Field type : Alphanumerical
- Length : 200
Costing Method - Select an appropriate Costing Method for stock valuation.
- Options: FIFO, Weighted Average or Fixed Costing
Sales Code - Select a GL Account for Sales.
Cash Sales Code - Select a GL Account for Cash Sales.
S.Return Code - Select a GL Account for Sales Returns Inward.
Purchase Code - Select a GL Account for Purchase.
Cash Purchase Code - Select a GL Account for Cash Purchase.
P.Return Code - Select a GL Account for Purchase Returns Outward.