Valuation Basis

Stock can be valued on Standard, Latest or Average cost. The valuation basis has the following effects:

• All stock values including those shown during stock queries and printed on inventory reports are calculated using the specified Cost Price.
• Issues and Credits entered in IC, and Invoices and Credits entered in IN, use the specified Cost Price to calculate cost of sales. The cost of sales is dependent on the valuation basis. Changing the valuation basis will not immediately affect the current cost of sales, as this is calculated from the applicable Cost Price at the time of sale.

Allow Negative Stock

Clear, you cannot post transactions that cause the quantity in stock to become negative, for example, stock must be receipted before it can be sold. You can enter sales orders or invoices that exceed the quantity in stock but you cannot post the invoices until sufficient stock is available. We do not recommend allowing negative stock.

Note: Regardless of this setting negative stock in not allowed for Serial No or Lot No tracked products or Bin Tracked locations (Saturn).

Allow IC Sourced Receipts

Clear, default if AP installed, receipting via shipments only, recommended.

Selected, default if AP not installed. Receipt transactions may be entered from IC.

Note: Do not Allow IC Sourced Receipts when Integration Basis is Perpetual since Receipts need a matching Purchase invoice in AP to clear the Stock Purchases Clearing account.

Allow IC Sourced Issues and Credits

Clear, default if IN installed, issues and credits via IN invoices and credits only, recommended.

Selected, default if IN not installed, Issue and Credit transactions may be entered from IC.

Allow IC Manufacturing

Clear, default, IC Manufacturing is not available.

When Allow IC Manufacturing is cleared unposted Manufacturing data and Diminishing Components are cleared.

Selected, IC Manufacturing is available. Enables Components for Diminishing Products and Manufacture Batches.

Note: Requires the Manufacturing Extension in Subscription systems.

Allow IC Manufacture Transactions

Setting not available if Allow IC Manufacturing is not Selected.
Clear, default, IC Manufactures are processed only via IC Manufacture Batch.

Selected, IC Manufacture transactions may be entered provided no tracking is required.

Coded Bins

Selected, default and recommended. Bins are coded records per location. Required for bin tracked locations (Saturn).

Clear, bins are free text with no lookup.

Post Zero Quantity Lines

Select the action to take when posting an IC batch with zero quantity lines. Select from:

• No Prompt
• Prompt Delete Selected
• Prompt Delete Unselected

Allow Edit For Posted Documents

Selected, posted batches can be edited, where the User has permission.

Clear, posted batches cannot be edited.

Generate Outward Tracking

Selected, (default and recommended) for tracked products and tracked Locations (Saturn only) tracking detail is generated for outward movements.

Clear, no outward tracking is generated.

Generate From Bin With ... Quantity Available

Smallest, (default and recommended) for tracked Locations generated outward tracking will select from bins with smallest quantities within a Bin Priority. Effect is to preferentially minimise "orphan" quantities and number of bins used for the product.

Greatest, generated outward tracking will select from bins with greatest quantities within a Bin Priority. (Saturn only)

Serial No Special Characters

Allow Space

A-Z and 0-9 are allowed by default. Any other characters required for serial numbers may be specified. Comma is not allowed.

Selected, spaces are allowed in serial numbers.

Clear, (default) spaces are not allowed.

Lot No Special Characters

Allow Space

A-Z and 0-9 are allowed by default. Any other characters required for lot numbers may be specified. Comma is not allowed.

Selected, spaces are allowed in lot numbers.

Clear, (default) spaces are not allowed.

New Product Defaults

Non-Diminishing

Selected, Non-Diminishing appears when adding products. Sales figures are recorded but no stock quantities are maintained for Non-diminishing products. The common example is labour, but this can apply to all products.

Back Order

Selected, Back Order is selected when adding products. Back Order must not be selected for products that cannot be back ordered.

Manually Costed

Selected, new products will be manually costed.

See Navigator > Maintain > Inventory Control > Products

Lead Time Unit

Set default for Lead Time Unit. Days, Weeks, Months.

Required

Weight

Selected, non-zero weight is required for IC Products.

Volume

Selected, non-zero volume is required for IC products.

Creditor

Selected, a Default Creditor is required for IC products. (Available when AP is installed.)

Buttons

Edit (F11)

Enter edit mode.

Save (F9)

Save changes.

Cancel (Esc)

Discard changes and close the form.