---
title: Inventory Master
slug: inventory-master
icon: 📃
docTags: 
createdAt: 2025-07-06T22:42:49.918Z
---

The Inventory Master file establishes the inventory items along with their comprehensive attributes. Subsequently, these inventory items are allocated to various sites or locations, where their attributes are tailored to meet the specific preferences of each site.

**Note**: Inventory values and General Ledger Accounts used for processing transactions are taken from the Inventory Site record not the Inventory Master record.

## Process Steps

- Enter or Edit Inventory Items
- If the "Add New Items to Default Site" is set to yes, new items added will be also added to the default site in the Inventory Location table.

## Fields

### Number

Enter an alphanumeric item number to represent the item. Item number has a maximum length of 100 characters including any special characters like a dash.

### Item Name	

Enter an alphanumeric name to represent the item. Item Name has a maximum length of 160 characters including any special characters like a dash.

### Generic Name	

The generic name is used as an alternative search criteria. Enter an alphanumeric name to represent the item. Item Name has a maximum length of 160 characters including any special characters like a dash.	

### Item Costing	

An item costing method must be selected. Available options are:

- FIFO - First In First Out
- LIFO - Last In Last Out
- Weighted Average
- Standard
- Specific Identification

See XXXXXXXXXXXXXXXXXXX

### Type

An Item type must be selected. Available options are:

- Sales Item - Items primarily purchased for resale, Item quantities are tracked and cost is based on Item Costing above.
- Material - Items primarily purchased for use in assembly options, Item quantities are tracked and cost is based on Item Costing above.
- Labor - Items used for invoicing. Item quantities are not tracked and no item costing entries are made. 
- Kit - Not used at this time
- Other - Items used for invoicing. Item quantities are not tracked and no item costing entries are made. 

### Tracking

Inventory Items caon be tracked by a Serial or Lot number. Options are:

- None
- Serial
- Lot
- Lot with Expiration

For more information on Inventory Tracking see *XXXXXXXXXXXXXXXXXXXXXX*

### Item Class	

Item Classes are used to group items for pricing purposes.

See [Item Class](docId\:XjDL6lvf1csIRibFbFH61) 

### Allow for Sales

When set to No prevents the Inventory Item to be added to an Invoice.

### Unit of Measure

Define a stocking unit of measure.

See [UOM](docId\:t2gasRSvhckW87vLdmk37) 

### ABC Code

Select a code A, B or C to help classify inventory based on its value or turns.

### Commissionable

For Future Use

### Default Price

If no pricing matrix is present, this will be the default price in invoicing.

See [Item Pricing](docId\:vYmrSKGhaYqIgMpV_cZBx) 

### Standard Cost

This is applicable only if you select the Standard costing method under item costing.

### Taxable

Set the flag to yes if the item is taxable. 

The customer or Invoice must have a tax schedule identified for tax to be calculated.

See [Tax Schedules](docId:0ZPJ0zDe2DVbAEPkgcNZR) 

### Revenue Account	

Select the default revenue account for the item. The revenue account can be changed on each invoice line item.

### Expense Account

Select the default expense account for the item. The expense account can be changed on each invoice line item.

### Offset Account

Select the default offset account for the item. The offset account is used for items with standard costing to charge purchase price variances.

### Inventory Account

Selecting an Inventory Account for will override the Account setup in the Entity Configuration. 

### Allow Back Orders

Not used at this time

### Width, Length, Height and Weight

Not used at this time