Forum Discussion

nduro's avatar
nduro
Experienced User
5 years ago

Inventory Management - Best Practice - In MYOB AR or Add On Module?? Whats the best solution??

Hi MYOB Community,

 

We have been using V19 Classic and now looking at making the move to AR2020. We have never used the Inventory / Purchasing functions in MYOB except for ITEMS LIST > Item Numbers with details of Sell Price and Descriptions for entering products in Sales etc.

 

We have 2550 items entered in MYOB. Just standard Single Items.

 

I now want to look at having LIVE STOCK / STOCK ON HAND and COST data, but I believe to do this we need to Rebuild our Items some how. Can anyone explain what is involved to do this?

 

If I try to turn on 'I INVENTORY This Item' it will not let me, it says you already of Sales or Purchases on file for this item? Or do I need to turn on 'I BUY This Item'?

 

Is it recommended to use an Add On Module 3rd Party setup or MYOB itself?

 

Thanks,

Nathan

  • Hi nduro 

     

    If you’ve previously sold or purchased an item in AccountRight and didn’t have “I Inventory this Item” selected, its not possible to then select that option. Instead if you wanted to have that option selected, you would need to create a new inventory item for that item.

     

    To avoid confusion I’d recommend marking the old version of the item as inactive, and adding “ZZZ” to the start of the item number and item name as a secondary indication its an inactive item. This will free up the item number so you can continue to use the same item number.

  • Neil_M's avatar
    Neil_M
    Former Staff

    Hi nduro 

     

    If you’ve previously sold or purchased an item in AccountRight and didn’t have “I Inventory this Item” selected, its not possible to then select that option. Instead if you wanted to have that option selected, you would need to create a new inventory item for that item.

     

    To avoid confusion I’d recommend marking the old version of the item as inactive, and adding “ZZZ” to the start of the item number and item name as a secondary indication its an inactive item. This will free up the item number so you can continue to use the same item number.

    • nduro's avatar
      nduro
      Experienced User

      Neil_M 

       

      Thanks for the comments and ideas. I will have a play with it and see how we go.

       

      Regards,

       

      Nathan