Multiple Units of Measure
The Multiple Units of Measure feature enables you to define various units used to stock, purchase, and sell inventory items, and track non-monetary accounts.
If you are using the feature with inventory items, units of measure provides greater flexibility and accuracy when tracking and selling inventory. For example, you might purchase cable in pallets, stock the cable in spools, and sell the cable in feet. With the Multiple Units of Measure feature, you set up a Units Type and define each unit for that type. You can set up a Units Type called Length. Then, set up Length units of Inch, Foot, and Yard. You assign a base unit and define each unit in terms of the base. For example, if your base unit is Inch, define the unit Foot as 12 inches. After you set up a Units Type, you can define a unit to default for each item on a particular transaction. On item records, designate a unit to default as a purchase unit, stock unit or sales unit. Then, on transactions:
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Purchase orders default to show the item in purchase units.
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Invoices default to show the item in sales units.
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Inventory adjustments default to show the item in stock units.
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Work orders, assembly unbuilds, and assembly builds for assemblies are recorded in base units.
Also, reports you generate show units of measure based on the units used in transactions. For example, when you track inventory of soda by the case, your inventory reports display soda with stock counts based on cases.
After a units type is assigned to any item, the units type cannot be edited except to add more units.
If you use Multiple Units of Measure to track non-monetary data, you can assign a default unit of measure type to each statistical account. Then, use that information on reports and income statements to view its relationship with the financial activity of your organization. For more information, see Using Statistical Accounts.