Handling Non-Inventory Items (Non-Inventory Codes)
Non-Inventory Codes provide a way to track expenditures and sales of goods or services that are not categorized as inventory items. These are frequently used by service type companies, since their income isn’t based on the sale of inventory.
Use Non-Inventory Codes to bill for freight, handling, or shipping fees. Many retailers of inventory use Non-Inventory Codes to charge for delivery and/or setup of merchandise. Non-Inventory Items can also be linked to a stock item so they are automatically added to the transaction when the stock item is entered.
There are several types of Non-Inventory Codes:
• Alternate Tender Codes
• Normal Non-Inventory Codes
• Paid-Out Codes
You can use one, two, or all the available types of codes, depending on your needs.
Published date: 11/22/2021