Inventory Tab of the Items Form or Dialog Box

Use the Inventory tab to identify an item as an inventory item and to enter inventory tracking information for each. This tab displays if you are authorized as an approver.

Field	Description
Inventory Item	Select this option to mark the item for use in the Inventory application.
Inventory Reorder Point	Enter the quantity at which the item should be reordered. This information appears on the Inventory Reorder report.
Inventory U/M	Select the item's Inventory unit of measure from the drop-down list and then add a row to the Unit of Measure Conversion Grid. In the new row, enter the ratio of the item's Inventory unit of measure to the item's Purchasing unit of measure. Perform this procedure for each of the item's units of measure needed for use in Purchasing.

Unit of Measure Conversion for Purchasing Grid

Use the fields in this grid to specify how a Purchasing unit of measure is used to determine the Inventory unit of measure.

Field	Description
Purchasing U/M	Select the item's Purchasing unit of measure from the drop-down list.
Conversion Factor	Enter the number that Vantagepoint uses to multiply the Purchasing unit of measure to determine the Inventory unit of measure. For example, you buy pencils in containers that have 24 boxes. You keep the pencils in inventory for re-sale by box. You enter 24 as the conversion factor.
+ Add Units of Measure	Click this option to add a row to the grid. Add a new row for each Purchasing unit of measure that you specify for the item.
Delete	This appears at the end of a row when you hover over a grid row. Click this option to delete the unit of measure.
Default Location	From the drop-down list, select the location where the item is usually kept in inventory. This drop-down list shows the data that is in the Locations grid on the Inventory tab of Settings > Purchasing and Inventory > Company in the desktop application.