Adding Different Units |
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Adding Different Units on the Cost and Selling Prices Tab
The multiple units of measure lets you to define various units for purchasing and selling inventory items. This means you can buy and sell in different units while keeping stock management seamless.
For example, you might sell beer by the bottle (1 unit), by the six-pack (6 bottles), or by the crate (24 bottles). Each unit can have its own barcode, ensuring accurate stock tracking and consolidation. You can purchase beer by the crate but sell it in any of these units, and Smart-It will correctly handle stock taking and consolidating quantities.
Additionally, Smart-It allows you to assign different prices to each unit. For instance, you can set individual prices for a single bottle, a six-pack, and a crate.
In the example below, let’s assume a beer costs $5.
Adding different units
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Add units and set the buying unit. |
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Step 1 |
Add all your units, e.g. each, six pack,crate, box, etc., and specify the unit quantity for each unit. Click the The 'each' will now be replaced with 'new unit'. Change the unit name now to Crate and the Unit Quantity to 24. Repeat Step 1 for the six pack.
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Step 2 |
Change the Buying Units to Crate ( Test: Change the Show Prices for to each ( Do the same for six pack and crate and make sure that the Cost Price For Price Calculations change to $30 ($5 x 6) and $120 ($5 x 24) respectively. Remember - The Supplier List Price always reflects the buying units.
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Change the selling prices for the different units. Example: Single, Six Pack and Crate. |
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Step 3 |
Deselect Use Group Pricing
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Step 4 |
Choose between If fixed then choose how you want to put the prices in namely Exclusive or Inclusive
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Step 5 |
In Show Prices For choose the unit and then put in the markup or the $ value. Repeat it for each unit.
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Set the barcodes for the different units, example six pack and crate.
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Step 6 |
Go to the Stock > General tab and click on the 3 dots ( The form below will now open. Type in the six pack's barcode and choose the unit. In this case six pack and do the same for crate.
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