Step 8 - Set up stock control
[continued]
Set up stock defaults.
IRIS Bookkeeping allows you to set up defaults to speed up
data entry. When setting up a record you have the option to accept
these defaults or make another entry.
Complete the following fields as
appropriate:
- Category - Use the
drop-down menu to select the category to be associated by default
for all new stock records.
- Bin - Use the
drop-down menu to select the bin code to be associated by default
with all new stock created.
- Unit - Use the
drop-down menu to select the Unit to be associated by default with
all new stock created.
- Code -Use the
drop-down menu to select the VAT code to be used for all new stock
created.
- Nominal Code - Use
the drop-down menu to select the Nominal code to be associated by
default with all new stock items created. Note that this is
only a default, you can use a different code for any new stock item
as necessary.
- DP Prices -
Specify the required number of decimal places to be associated with
all stock records by default. For example, where goods are usually
priced in pounds and whole pence, this would be set to 2.
Where this is not the case this can be varied as appropriate,
and can be different for each stock item that is created.
This field should be completed, and should have a value
between 0 and 4.
- DP Quantity -Specify
the required number of decimal places to be associated with all
stock records by default. Where goods are usually sold as
individual items, this would usually be set to zero. Where goods
are sold by weight this could be set to a larger figure as
appropriate. This is only a default and can be varied with each
stock item that is created. This field should be completed, and
should have a value between 0 and 4.
- Save button - Use
this button to save any change that you have made.
You may now find it helpful to print the Stock Codes Tables
report. You can use this report to check the details of the stock
codes that you have created. Click on the Reporting menu and select the
Stock - Stock Code Tables option.
