Inventory setup use for configuring the rules and values the define the company's inventory policies.  

Follow the steps below for the setup.

1, Use search function to find Inventory Setup

2, Setup the basic configuration as below: 

General Tab

Setup for the fields below it related to Inventory Process

  • Automatic Cost Posting - default select for allow system to post the value entries to inventory account, adjustment account and COGS account in GL when item transaction is posted.
  • Expected Cost Posting to G/L - default select for allow system to post the expected cost if value entries that originate from receipt or shipment posting 
  • Automatic Cost Adjustment - Select Always for allow value entries adjust when the item transaction is posted 
  • Default Costing Method - define the default costing method when create a new item
  • Copy Comments - select the option for copy the comment from previous document to current document according to the document flow
  • Prevent Negative Inventory - select if you want to prevent positing transaction that will bring inventory quantity below zero.


Location Tab

Select Location Mandatory if the location field must enter in inventory transaction such as sales line, purchase line etc.


Dimensions Tab

Enter Item Group Dimension if any.  The default dimension can use for analysis reports.


Numbering Tab

Assign the numbering for items and inventory documents.

(Reference:  Number Series) 



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