IQ | Stock | Maintenance - How to add & use a Non-Stock Item

Overview:

This is a description of the process to create a non-stock item and the stock department

The system caters for both normal stock items and buyouts (i.e. non-stock items).

Non-stock items are typically those that are not maintained as regular stock on hand.

To create a non-stock item code, the correct stock category needs to be selected in Stock Item Maintenance.

The description of this item may be left blank, as can the cost and selling price, as these fields usually vary from item to item and are usually entered when doing the invoice.

Steps to follow:

- Go to Stock > Maintenance > Add (bottom of screen)

- Type in the following:

1) Item code

2) Description

3) Item category - choose "Non Stock Item" under the drop-down/combo box option

4) Link it to the Major/minor department & categories

5) Tax Rate

6) Tick if discount allowed & percentage

- Click on "Accept" once done

- Click on the "Stock Pricing" tab

Note:

The unit cost must be left blank; if entered, the system will not prompt with the popup. 

- Tick "Used Fixed Cost"

- Click "Accept" once done

- When invoicing the stock item, the system will prompt to enter the cost price that needs to be entered

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