An item group is sold as one unit but has several member components from your inventory. Item groups can be inventory items, assemblies, kits, and service items. When the retailer sells a quantity of the group, the stock level of each member item decreases by that quantity. We can track sales of the group and stock of the items it contains. The price of a group item is dependent on its members’ prices. Each of the group’s members has a price determined on its item record. The price of the members is totaled to calculate the price for the group.
An item group is a group of items on a sales or purchase order that need to be sold or purchased together. The item group is not fulfilled, received, or stocked. The components of the group are. However, the item group is available in the item list on a sales or purchase order and can be added to those transactions.
A group can be made up of taxable and nontaxable items. If a grouped item has taxable and nontaxable components, the sales tax is calculated only on the value of the taxable components.
How do item groups and kit/package items differ?
The price of an item group is the sum of all component item prices. Conversely, a kit/package item has a pricing section that allows to set your desired pricing, independent from the total price of the components. Kit/package items are a convenient way to offer a pre-defined discount on a specific set of products, while item groups make to enter multiple items that are purchased together.
Create Item Group
To create a group item
- Go to Lists > Accounting > Items > New.
- On the New Item page, click Item Group
- Item Name: In the Item Name field enter the name of the Item group.
- UPC code: This field to identify an internal name or number to store the item’s UPC Code.
- Display Name: Enter an optional name for the item group.
- Description: Specify a description for the group item.
- In the Classification field group select the Subsidiary, Department, Class, and Location.
The created Inventory Items;
- Select the components from the list
- In the Purchasing / Inventory sub-tab add the components for the Item group.
Enter the checkmark for Display Components on Transactions. Select the individual components from the item list.
- Save the record.