Set up bundle items

  • 13 minutes

Bundle items are unique released products that are set up so that they include components. This setup is done by using the bill of materials (BOM) functionality. When a bundle item is entered on a sales order, the individual components are used to determine the revenue prices and revenue schedules. However, printed documents for the customer, such as the sales order and invoice, reflect the bundle item.

Bundle components

The components that are included in the bundle must be set up on the Released products page (Revenue recognition > Setup > Inventory and product setup > Released products). These components are released products, and they must be set up in the same manner as products that are included in a BOM. For example, a released product can be an item of either the Item type or the Service type, but it must be assigned to an item model group where the Stocked product option is set to Yes. For more information, see the setup documentation for BOM items.

The components must also be set up for revenue recognition, just as if they are products that can be sold individually on a sales order. For example, make sure that the correct revenue price is defined for each component and that the price basis is set up for PCS items.

Bundle items

When you set up a bundle item, you must set two fields on the Released products page (Revenue recognition > Setup > Inventory and product setup > Released products):

  • On the Engineer FastTab, in the Production type field, the item must be set up as a BOM item.
  • On the General FastTab, in the Bundle field, the item must be selected as a bundle item.

Then, the components must be assigned to the bundle/BOM parent item on the BOM versions page (go to Revenue recognition > Setup > Inventory and product setup > Released products and then, on the Action Pane, on the Engineer tab, in the BOM group, select BOM versions). For more information, see the setup documentation for BOMs.

Screenshot of the BOM versions page showing zero one bundle.

If the bundle parent item and bundle components are set to allocate, the bundle revenue price will be distributed to the components, based on their revenue contribution percentages.