Categories

Use the Categories command to set up your stock category details. Each category record comprises a unique code of up to four characters and a corresponding description. Categories are assigned to stock items using the Category list box on the General tab of the Stock form. The stock category is used for analysis purposes and can be used as a selection criterion for commands on the Reports menu. It is also used to provide category-specific nominal control accounts used when stock values are transferred to the nominal ledger. This only applies if you have the Stock Control to Nominal option selected on the Options tab of the Company Profiles form.

Example:
As a photographic equipment distributor, you want items classified into various types including cameras, lenses, films, projectors, scanners, accessories, and so on. You create a category record for each classification and select it on the stock item record. When you print reports, you can select by category.

The use of categories is optional. If you don't define a category, this function is ignored in processing. However, once you have created at least one category record, all stock items must have a category assigned.

To Define Stock Categories

Open the Stock folder and then click Maintenance or click the Supply Chain Management tab on the Ribbon Bar and then click Stock - Maintenance.
Click Categories.
To create a new record, click the icon on the toolbar or press CTRL+N.
In the boxes provided, enter a code and description for the category.
If required, enter the control accounts for the stock transfers to the nominal ledger.
To save the record, click the icon on the toolbar or press CTRL+S.

Use a code that will help you identify the category. For example, ACC for Accessories.

Category Entries

Box	Description
Code	A unique reference for the stock category. You can use up to four characters.
Description	You can add a corresponding description of up to 20 characters.
Goods In	A reference that identifies the goods inwards control account in the nominal ledger. You can select from a list. This overrides the default specified on the Nominal Ledger - Set Options form in the Nominal application.
Goods Out	A reference that identifies the goods outwards control account in the nominal ledger. You can select from a list. This overrides the default specified on the Nominal Ledger - Set Options form in the Nominal application.
Stock	A reference that identifies the stock asset control account in the nominal ledger. You can select from a list. This overrides the default specified on the Nominal Ledger - Set Options form in the Nominal application.
BOM WIP Mvmnt	A reference that identifies the BOM work in progress movements control account in the nominal ledger. You can select from a list. This overrides the default specified on the Nominal Ledger - Set Options form in the Nominal application.
BOM WIP	A reference that identifies the BOM work in progress balance sheet control account in the nominal ledger. You can select from a list. This overrides the default specified on the Nominal Ledger - Set Options form in the Nominal application.
Transfers In	A reference that identifies the transfers inwards control account in the nominal ledger. You can select from a list. This overrides the default specified on the Nominal Ledger - Set Options form in the Nominal application.
Transfers Out	A reference that identifies the goods outwards control account in the nominal ledger. You can select from a list. This overrides the default specified on the Nominal Ledger - Set Options form in the Nominal application.

Refer to the Nominal - Utilities - Set Options topic for further details.