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Jim2® Business Engine Help File

Navigation: Jim2 Ribbon Tabs in Detail > Stock

Buy and Sell in Different Measures

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Buying in one unit measure and selling in another requires additional setup in stock header, pricing and vendor tabs.

 

warning1

Important

You should never change the unit measure on stock records when there is stock on hand, (most especially the base unit measure) as this will alter stock on hand quantities and values as well as the buy and sell pricing.

 

Following are two ways of setting up stock based on price level when you buy in rolls of 200 metres and sell in 1 metre lengths.

 

Measure Unit 1 is MTR Quantity is 1

Measure Unit 2 is ROLL Quantity is 200

 

I buy in is ROLL

I sell in is MTR

 

buy and sell

 

Measure unit 1 determines unit measure for quantity on hand values in the Qty by Locations grid.

 

Go to the Vendor tab, enter the vendor information and select ROLL as the Unit. Enter the Vendor List Price. Jim2 will calculate the Estimated Cost of 1 metre.

 

EST COST

 

Info

Note that the Vendor list price is the cost of the entire roll. The Estimated cost is the cost per metre.

 

Example: Estimated Cost + Markup

There are two ways to work out your pricing:

1.What is the value you wish to sell this product at per metre?

est cost plus markup

Using the above example of $1.25 cost, enter the sell amount in the Price Ex. or Price Inc. column. Jim2 will calculate the markup percentage.

2.Enter a percentage in the Pcnt % column. Jim2 will calculate the prices.

 

Example: List - Percent

Enter an amount in the List Inc. field, then enter the percentage in the Pcnt % field – Jim2 will calculate the List Inc price less the percentage entered.

 

list - percent

 

Again, you can enter an amount in the Price fields and Jim2 will calculate the percentage.

 

Further information:

Stock Security

Add Groups to Stock

Add Images to Stock

Add Multiple Stock Records

Add Service Stock

Add Stock

Add Vendor Codes

Applies Stock

Apply a Credit Card Charge Using Stock

Backfill Stock Sold in Advance

Browse for a Stock Code

Bulk Update Stock

Change a Serial Number on a Stock Record

Change Stock GL Group

Consignment Stock

Create Similar

Generate a Backdated Detailed Stock on Hand Report

 

Handle Warranty Stock

Kitting

Kitting v Packaging v Manufacturing

Manufacturing

Make Stock Inactive

Merge Stock Codes

Move Stock from Depleting to Asset

Packaging

Print Shelf Talkers

Print Stock Reports

Promotional Pricing

Sell Stock in Advance

Set up Pricing

Stock

Stock Adjustments

Stock Attributes

 

Stock Flow

Stock List

Stock Procurement

Stock Pricing

Stock Reports

Stock Transfers

Stocktake

Synchronise Stock

Track Serial Numbers

Unallocate Stock

Use Stock Select

Use Your Own Inventory

View or Edit Stock

Warehouse Management