Inventory

Inventory

Inventory 

Keeping an accurate account of your inventory is critical to keeping control of your business. When you unexpectedly run out of supplies and products is it due to increased demand, waste, or theft? With Unique you can keep more accurate controls over how your supplies and products are being used.  

Field Labels 

  Part Number A unique 12 digit alphanumeric character that is assigned to each inventory item. You do not have to use 12 characters. It is advised that you do not use 12 character to avoid making long input errors. If you have a barcode scanner you can scan the barcode from the product item and then used that as the default part number for the product. Only if you are using a barcode scanner to ring up the sales transaction for that item, will it be best to have the standard barcode item number as the part number  

Description A description of the inventory item. 

Category This indicates the department you will like this product to be listed under. E.g. Shampoos, Conditioners, Oils, Lotions, Hair Color etc.  To Setup the Categories. Go to the INVENTORY/MISC, then select Category. Here you can add, edit or delete your categories.

Manufacturer This is the maker of a specific product. It's a good idea to indicate the manufacturer because later on you will be able get a report by a specific manufacturer.  To Setup the manufacturer. Go to the INVENTORY/MISC, then select manufacturer. Here you can add, edit or delete your manufacturers.

Backbar Item Signifies whether this item is to be used as a backbar item, or sold as a retail item. Enter Y (for Yes) if this is to be used as a backbar item. Enter N (for No) if this is to be sold as a retail item. 

G/L Code General Ledger account code, used to track inventory for accounting purposes.

Stock on Hand The current amount of items you have on hand for a specific item.  

Minimum Qty The minimum amount of stock you want to keep on hand for this item. When the stock on hand amount is less than or equal to the minimum quantity number, it will show up on inventory reports as "LOW".  

Maximum Qty The maximum quantity you want to keep in stock at any time. This number is used along with the stock on hand quantity to determine the quantity to order on the Low Inventory report. 

Wholesale Price The price per unit that you paid for the inventory item from your Vendor. 

Percent Markup The percentage markup over the wholesale price to assign to the retail price. If a number other than zero is entered here, the retail price is automatically calculated and entered for you. Enter the Markup Percentage as a whole number. For example, 40% would be entered as 40.00. 

Retail Price The price you charge for the inventory item. This price only applies to retail items (i.e., non-backbar items). 

Item Photo - This option gives you the ability to display a picture of the product item.

Note:  The way to get your product  photo in your Unique software is to consult with your product supplier

       about a CD copy or a webiste where you can download your product photos

Sale Price The sale price of the inventory item. When selling a retail item through the Sales Register and the current date is between the Sale Begin and Sale End dates, this price is used for the retail price of the item. 

Sale Begin The first date the Sale Price is used when selling the item through the Sales Register. 

Sale End The last date the Sale Price is used when selling the item through the Sales Register. 

Memo Any notes you want to keep on a particular item. 

Vendor You can assign two different vendors to this inventory item. A primary vendor (the one who you usually purchase the product from) and a secondary vendor (an alternative purchasing source). 

Part # The vendor's part number. 

Price The vendor's price. This can be either a per-unit price or a price/quantity. 

Quantity The purchase quantity necessary to receive the price. 

Total Inventory The number of inventory items in the inventory file.