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Forum Post: RE: Setting Up Jewelry Inventory

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A Stock item is a normal inventory item. Sage 50 tracks quantity purchased, sold, and on hand as well as the cost of those items. A Master Stock item is just a heading, but the sub-items under it are tracked just like Stock items. The difference between Master/Sub item and regular Stock items is that when you set up a Master item, you establish 1 or 2 attributes for the sub items, and all of the sub-items are created automatically. A common example is a t-shirt. You set up a master item called T-SHIRT and set up size and color as attributes. For size you might set up small, medium, and large. And for color you have choices of white, blue, or red. When you save the master item, sub items of T-SHIRT-SMALL-WHITE, T-SHIRT-SMALL-BLUE, etc will all get created for you. Also, when you are entering transactions, the Item drop down list is easier to manage because, instead of every sub-item showing in the list, T-SHIRT shows as a folder. When you click on it, you'll get folders for Small, Medium, and Large. Inside each of those folders you will see the actual items in each color. You can see an example of this in the sample company named Bellwether Garden Supply. Look at the item AVRY-10050 Prefabricated Birdhouse. An assembly item is something that is built from other items. You can see an example of this by looking at item AVRY-10100 Bird House Kit in Bellwether. In Maintain Inventory Items you will have access to the Bill Of Materials tab on assembly items. This is where you tell Sage 50 which other items are used to make the finished assembly item. You build them by going to the Tasks menu and choosing Assemblies. There you can enter how many of an item you built, and on what date. Then all of the components from the bill of materials are removed from inventory and the assembled items are placed into inventory with a cost equal to the sum of the costs of the components. Once they are in inventory, they behave just like a stock item. This is probably as good a place as any to find other Jewelers using Sage 50. There is also a fairly active Sage 50/Peachtree group on LinkedIn, you may want to check there. You could also try finding some Jeweler's online communities and see if there are any Sage 50 users there. If you still have questions, don't hesitate to post a follow up here.

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