Inventory GL Accounts can be managed by “Item Groups” each group can have it own unique GL Account Classifications. These are instructions on how to set up “Item Groups”

SAP > Inventory > Inventory Master Data

When creating a New Inventory Item, you can assign the Inventory Item to its own Group, which also has its own default GL Account settings.

How to Set Up Item / Inventory Groups, SAP Business One

 


To Set Up Item Groups:

SAP > Administration > Set Up > Inventory > Item Groups

How to Set Up Item / Inventory Groups, SAP Business One

1. Create your “Item Group Name”

2. Choose the “Accounting Tab”


How to Set Up Item / Inventory Groups, SAP Business One

3. Click inside the field and click on the circle on the right side of the field

 


How to Set Up Item / Inventory Groups, SAP Business One

4. Choose the correct GL Account

5. Continue this until all GL Accounts are entered

6. Choose Update to Complete

Continue these steps until all Item Groups are set up

Go Back to: Inventory > Item Master Data > and choose the Correct Item Groups for each Inventory Item.