Register New Items
Items, among other products, are the basis of your business, the goods or services that you trade in. Each item must be registered as an item card.
Item cards hold the information that is required to buy, store, sell, deliver, and account for items.
The item card can be of type Inventory, Service, or Non-Inventory to specify if the item is a physical inventory unit, a labour time unit, or a physical unit that is not tracked in inventory. For more information, see About Item Types.
An item can be structured as a parent item with underlying child items in a bill of materials (BOM). In Business Central, a bill of material can be either an assembly BOM or a production BOM, depending on its use. For more information, see Work with Bills of Material.
If you purchase the same item from more than one vendor, you can connect those vendors to the item card. The vendors will then appear on the Item Vendor Catalogue page, so that you can easily select an alternate vendor.
Items that you offer to your customers but you do not want manage in your system until you start selling them can be set up as catalogue items. Catalogue items are not to be mistaken with regular items of type Non-Inventory. For more information, see Work with Catalogue Items.
If item templates exist for different item types, then a page appears when you create a new item card from where you can select an appropriate template. If only one item template exists, then new item cards always use that template.
To create a new item card
Choose the icon, enter Items, and then choose the related link.
On the Items page, choose the New action.
If only one item template exists, then a new item card opens with some fields filled with information from the template.
On the Select a template for a new item page, choose the template that you want to use for the new item card.
Choose the OK button. A new item card opens with some fields filled with information from the template.
Proceed to fill or change fields on the item card as necessary. Hover over a field to read a short description.
In the Costing Method field, you set up how the item's unit cost is calculated by making assumptions about the flow of physical items through your company. Five costing methods are available, depending on the type of item. For more information, see Design Details: Costing Methods.
If you select Average, then the item’s unit cost is calculated as the average unit cost at each point in time after a purchase. Inventory is valuated with the assumption that all inventories are sold simultaneously. With this setting, you can choose the Unit Cost field to view, on the Average Cost Calc. Overview page, the history of transactions that the average cost is calculated from.
On the Price and Posting FastTab, you can view special prices or discounts that you grant for the item if certain criteria are met, such as customer, minimum order quantity, or ending date. Each row represents a special price or line discount. Each column represents a criterion that must apply to warrant the special price that you enter in the Unit Price field, or the line discount that you enter in the Line Discount % field. For more information, see Record Sales Price, Discount, and Payment Agreements.
The item is now registered, and the item card is ready to be used on purchase and sales documents.
If you want to use this item card as a template when you create new item cards, you can save it as a template. For more information, see the following section.
To save the item card as a template
- On the Item Card page, choose the Save as Template action. The Item Template page opens showing the item card as a template.
- Fill in the fields as necessary. Hover over a field to read a short description.
- To reuse dimensions in templates, choose the Dimensions action. The Dimension Templates page opens showing any dimension codes that are set up for the item.
- Edit or enter dimension codes that will apply to new item cards created by using the template.
- When you have completed the new item template, choose the OK button.
The item template is added to the list of item templates, so that you can use it to create new item cards.
To set up multiple vendors for an item
If you purchase the same item from more than one vendor, you must enter information about each vendor of the item, such as prices, lead time, discounts, and so on.
- Choose the icon, enter Items, and then choose the related link.
- Select the relevant item, and then choose the Edit action.
- Choose the Vendors action.
- Choose the Vendor No. field, and then select the vendor that you want to set up for the item.
- Optionally, fill in the remaining fields.
- Repeat steps 2 through 5 for each vendor that you want to buy the item from.
The vendors will now appear on the Item Vendor Catalogue page, which you open from the item card, so that you can easily select an alternate vendor.