Use this subtask to enter the sales group abbreviation and the inventory abbreviation for the item selected on the main screen. The system uses these abbreviations to determine the default accounts for the different transaction types needed for calculating and posting unit and warranty costs.
Sales group abbreviations are required if you want to post COGS and warranty accruals for your items. You must be licensed for Costpoint Product Definition to set up sales group abbreviations. This subtask is the same as the Defaults subtask of the Set Up Product Price Catalogs screen (Materials » Product Definition » Product Billing).
Initialize this subtask as part of your project unit pricing setup.
This non-editable field displays the selected project. The unlabeled field to the right displays the project description.
This non-editable field displays the selected CLIN number. The unlabeled field to the right displays the CLIN description.
This non-editable field displays the item type (product, good, or service) for the selected item.
This non-editable field displays the selected item number. The unlabeled field below displays the item description.
This non-editable field displays the selected revision number.
This non-editable field displays the selling unit of measure for the selected item.
Enter the default sales group abbreviation to be associated with this item. This code identifies the default unit clearing, unit COGS, warranty expense, and warranty accrual accounts that will be used to post your units COGS and warranty transactions.
If applicable, enter the default inventory abbreviation for this item. This identifies where inventory items are stocked. This field is not required, and is used only for items being issued from inventory.
Make selections in this group box only if you are using Costpoint Sales Order Entry.
The sales order item type is used to identify how the item is to be processed in Costpoint Sales Order Entry. Valid options are:
Dropshipment
In Transit
Inventory
Invoice
Recurring
This default value is used only if you have Costpoint Sales Order Entry.
Select this check box if source inspection is required for this item. This will default into the customer's sales order.
Select this check box if a certificate of conformance is required for this item. This will default in Costpoint Sales Order Entry.
This check box is currently not available. It will be used at a later date to indicate whether revenue will be deferred.
This check box is currently not available. It will be used at a later date to indicate whether the item is to be billed in installments.