Process to Create an Item in the Billing General Setup in MargBooks

• Go to 'Master'

• Click on 'Inventory Master'.

• User will click on 'Item' or '+'sign.

• Click on 'Create' button or press 'F2' key.

• User will enter the item name in the Product field under the Basic Info section and press 'Enter' key.

• Packing:- Specify the item's packing details, if applicable.
• Unit 1st:- Select the primary unit of measurement for the item (e.g., PCS, Box, Kg, Ltr).
• Unit in Decimal:- Choose Yes or No to allow or restrict decimal quantities during transactions.
• HSN/SAC:- Enter the applicable HSN/SAC code for GST compliance.
• Tax Category:- Select the appropriate tax category to apply the correct GST rate to the item.
• Company:- Select the company or brand associated with the item.

• M.R.P:- Enter the Maximum Retail Price (MRP) of the item.
• Purchase Rate:- Enter the purchase price of the item.
• Cost:- Enter the actual cost of the item for inventory valuation.
• Sale Rate:- Enter the selling price of the item.
• Free/Scheme:- Specify the free quantity or scheme applicable to the item, if any.
• Color Type:- Select the color type for the item, if applicable.

• User can merge the Advanced Info fields into concise.
• Discount:- Configure the discount applicability, item discount percentage, and maximum discount percentage for the item.
• Quantity:- Define the minimum quantity, maximum quantity, reorder days, opening stock, and reorder quantity for effective inventory management.
• Other Info:- Set the minimum margin percentage, prohibited status, visibility, manufacturer (MFR) name, and upload an item image, if required.

Note: In MargBooks, users can quickly create an item by filling in only the mandatory fields marked with a red asterisk (*) and clicking the Save button.

• User will click on 'Save' button.

• A confirmation message will appear asking whether you want to add the item's opening stock.
• User will click Yes to add the opening stock.

• User will enter the item opening quantity and click the 'Save' button.

After following the above steps, the user can easily create an item in the Billing General Setup in MargBooks.