Sales Item

Quantities are tracked. You can enter both increase and decrease adjustments. Amounts posted to the Inventory and Inventory Offset accounts appear on the Distributions Breakdown Register. Posting from Purchase Order Processing affects the Cash or Accounts Payables accounts. Posting from Sales Order Processing affects the Sales, Cash, Cost of Good Sold, or Accounts Receivables accounts.

Kit

Quantities aren't tracked. Kits consist of one or more components, which can be services, sales inventory, miscellaneous charges, discontinued, or flat fee items. Posting updates the Inventory and Cost of Goods Sold accounts specified for each component. If you plan to create a phantom bill for use on a bill of materials, we recommend not assigning components to the Kit in Inventory. Posting from Sales Order Processing affects the Sales, Cash, Cost of Good Sold, or Accounts Receivables accounts.

Miscellaneous Charges

Quantities and current costs aren't tracked in Inventory. Miscellaneous charges include costs such as freight expense. You can't change this item type once it's assigned. Posting updates the Sales and Cash accounts.

Service

Current costs, but not quantities, are tracked. You can sell these items individually or as part of a kit. Posting updates the Sales and Cash accounts.

Flat Fee

Current costs, but not quantities, are tracked. You can sell these items individually or as part of a kit. Posting updates the Sales account.