Use Item to create and manage your organization's inventory items. When an item is added to the Billing Schedule section of the Billing Information tab in Project, the system will look for an item, and associated price class, to determine the correct unit price to use for billing purposes.
Creating a New Item
Select Inventory | Items.
In ID, specify a unique identifier for the inventory item.
In Description, specify a description of the inventory item.
Select a Status based on the current state of the inventory item. These options are included:
Active - The item is available for use within the system.
Inactive - The item is not available for use within the system.
If you select Description in the Item Type field (below), you can leave the Allow Editing check box selected or you can clear it. Description items are used to maintain and retrieve stored blocks of text. This functionality can be used to print additional text information on documents. The ability to edit the text once it has been selected is determined by this check box.
Select the type of inventory item from the Item Type dropdown list. Valid options include:
Description
Finished Good
Service
In Price Class, select the type of price class for the inventory item. You can create a new price class by using the Quick Add feature. For more information, see Quick Add.
In Standard Cost, specify the price at which the inventory item is being stocked.
In Retail Price (MSRP), specify the price at which you plan to sell the item.
If the item ID is the same as the inventory item's universal product code, select Item ID = UPC.
In UPC, specify the inventory item's universal product code.
In Currency, specify the transaction currency for the item. This field is available for use only if you are using Multicurrency in your Beyond Software system.
Click Save and New, or click Save and then click New, to save the current item and start adding the next.