On each stock record you need to select what type the stock is. There are 10 different stock types which are selectable from a drop-down list, and these are explained in the following table.
Depending on the stock type selected, different tick boxes will be active or inactive, and these are also listed here.
Stock Types Explained
Stock Type |
Explanation |
Box Status |
|---|---|---|
Depleting |
This options allows full stock control – selling and purchasing monitoring, ie. if stock costs are stable. Jim2 will use FIFO when selling. |
All tick boxes are active. |
Non depleting |
Use this option if you don't require stock control monitoring. Non depleting stock expenses the cost directly to the COGS account on purchase, and records income on selling. The two are not linked, which means you will not get correct job profit, however your P&L will report correctly. |
Manufacturing, and Serial# choices are disabled. |
Use this option for your labour (stock). see |
This Stock I Buy in, Manufacturing, and Serial# choices are disabled. |
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Select this type if you want to use this stock as a test or check with an Item. For more info, see |
This Stock I Buy in, Manufacturing, I Service, and Serial# choices are disabled. |
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Special |
Select this type when purchasing stock for a special job, or for stock you don't normally carry, eg. a mechanic might buy in a part to repair a Holden, even though he normally only keeps parts in stock to repair Japanese cars. For more information, see |
Serial# on sell can't be selected. |
Virtual |
Use Virtual for any stock that you anticipate selling, but do not want to purchase immediately. This allows you to use that stock in quotes. You can make that stock real when needed by changing the stock type. |
All This Stock I options disabled. Serial# disabled. |
This allows you to bundle various stock components together, to sell as a single kit. The contents can be changed at any time and credits can be issued for all or only some of the stock in the kit. The stock components remain in their normal stock locations and can still be used individually on other jobs. |
This Stock I Buy in, and Manufacturing tick boxes are disabled. Serial# on purchase can't be used. |
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This allows you to bundle various stock components together to sell as a single kit. Once set up, the contents of a static kit cannot be changed, and if issuing a credit it must be for the entire kit. The stock components remain in their normal stock locations and can still be used individually on other jobs. |
This Stock I Buy in, and Manufacturing tick boxes are disabled. Serial# on purchase can't be used. |
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Packaging differs from Kitting in that the stock components of the package are locked away and are unavailable for sale or use in another job. Ideally, the stock components should be moved from their normal stock bins and placed in a physical package (or at the very least, placed together in a single location). |
This Stock I Buy in, Manufacturing, Serial# (all), and Attributes (all) are disabled. |
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Journal |
This allows you to invoice either positive or negative $ amounts directly to any non-linked general ledger account and is perfect for invoicing non-stock items such as discounts, advertising, rebates, etc. |
Manufacturing, I Service, and Serial# are disabled. Can't select Attributes on purchase. |
below for more information. 
below.
The tabs that are shown in the footer of a particular stock record depend on the stock type selected.
Tabs displayed in the Footer |
Stock Types which use these tabs |
|---|---|
 |
Labour, Applies. |
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Journal. |
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Depleting, Non depleting, Special, Virtual, Dynamic Kitting, Static Kitting, Packaging, Manufacturing. |
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Special stock covers stock where costs from the supplier fluctuate. Special stock works in a slightly different way to other types of stock. The description that's entered on the stock record does not show when selling the stock.
Instead, you will see a description asking you to select the stock you want to add to this job. When you select the ellipsis [...] within the Description field of the stock line, you will see the Select Special Stock to Sell screen. You will note that any descriptions entered when purchasing this stock are shown in this screen to help make a selection. Also, the cost of the goods will be taken across to the job when that particular stock is added. |
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Applies stock can be used to manage specific tasks when dealing with specific products. Tests and/or checks that you want performed every time an Item is processed, are applied to the Item as stock, with the stock type Applies. For example, Applies could be used for something like Courier to remind staff to book or charge for freight. You are able to apply a stock status to these tests and checks, ensuring jobs containing applied stock cannot be finished until users have completed these tests and/or checks. They can have the normal stock attributes, such as unit measures, quantities, and price. |
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You cannot purchase Labour stock. Labour stock is not designed for services provided by external parties that will be invoicing you. Labour stock codes have a Labour Content value which can also be used in reports as a budget of labour for a given stock code. Some reports in Jim2 combine the actual labour logged against a job with the effective rate of a Jim2 user to provide a theoretical job profit. See |
It is very important for any business to be able to prevent users from purchasing or selling certain stock, eg. stock which is obsolete or has been discontinued. Provisions are made within Jim2 to select whether a certain stock code is active or inactive. If the Active box is not ticked, the stock is classed as being inactive, and you will not be able to purchase or sell it.
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Since you aren't able to purchase the Labour or Applies stock types, you will need to allocate a cost to these types of stock in order to report on your profit correctly. We have included in the stock record a field called Manufact. Cost in the Details tab in the Header for these types. |
Further information: