Item Group

Item Group describes the nature of the items. Here the user can create unlimited item groups and group hierarchies for different nature of items.

STEP 1: Go to Masters ⇒ Inventory ⇒ Item Group ⇒ Create

STEP 2: Once you click on Create, Item Group Master creation page will appear.

Fill in the details in the fields provided in every tab:

1)General

Item group name– Name of the item group.

Under- Select the group under which the item group lies.

Tax configuration- Select whether the tax is optional or compulsory.

Visible- If this feature is enabled, then the item group will be visible for item master & reports and vice versa.

Is service item – If this feature is enabled, then the stock will not be maintained for the items of this item group.

Effect in stock- If this feature is enabled, then the valuation will be visible in the closing stock.

2) Tax Configuration

Tax Nature- Select the nature of the tax, like Exempt, Non GST, Nill rated or Taxable.

If it is taxable, then fill in the details –

Tax Group- Select the tax group as per requirement (like Inter-State Input, Intra-State Input, etc).

Tax type- Tax type will automatically appear based on the tax group.

Ledger name- Select the tax ledger name.

Rate(%) – Tax rate will automatically appear based on the tax ledger.

Exclude Tax- If “Yes” then the GST will be computed on item rate, if it is “No” then the GST will be included in the item rate.

Avail Credit- To avail input credit Select “Yes”.

STEP 3: Now click on save to create an Item Group.

STEP 1: Go to Masters ⇒ Inventory ⇒ Item Group ⇒ View

STEP 2: Once you click on View, Item Group list page will appear.

STEP 1: Go to Masters ⇒ Inventory ⇒ Item Group ⇒ Edit

STEP 2: Once you click on Edit, Item Group list page will appear.

STEP 3: To Edit Item Group Master– Click on the pencil icon, the Item Group master will be available for Update.

STEP 4: Once you have updated the details click on save.

STEP 1: Go to Masters ⇒ Inventory ⇒ Item Group ⇒ Delete

STEP 2: Once you click on Delete, Item Group list page will appear.

STEP 3: Once you click on the cross icon to delete the Item Group Master, a confirmation message will pop on the screen.

STEP 4: Once you click on OK, the item group master will be deleted.