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Product Types |
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Last Updated August 14th, 2008
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inFlow
Inventory supports three types of products.
The most common type is the Stockable Product. The Non-Stockable Product type can be
used for products which you don't want to keep a careful inventory
of. Finally, the Service type can
be used for intangible items that you may buy or sell.
Stockable
Product
– A stockable product is the most common type of tangible product. inFlow will keep a careful inventory of this
type of product and where it is stored.
Most businesses with use this type for almost all products that they buy
or sell.
Non-Stockable
Product
– A non-stockable product is a tangible product that you may buy or sell,
but don't carefully keep track of how much you have available. For example, you may wish to use a Non-Stockable
Product for supplies that are regularly used up, like packing materials. This allows you to create Purchase Orders for
these supplies and track their receiving status without requiring you to update
inventory counts when supplies are used up.
Service – A service is an
intangible item that you may buy or sell, for example, selling an extended
warranty on your products or hiring a consultant. Inventory is not kept for services, but this
type is provided to allow for including services on Sales Orders or Purchase
Orders.
Once
you have selected a type for your product, it cannot be changed. If you want to do this, you may deactivate
the original product and create a new one of the new type. To re-use the same item name/code in the
replacement product, you can change the original product's item name/code
before deactivating it.
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