HOW TO SET PRODUCT CUSTOM CONVERSION [Example buy in pieces then sold in box]?
For example, you want to buy stock ‘ballpen’ in piece then sell in box. There are 2 uom involved- piece and box.
Step 1-In Inventory, product & service maintenance, custom conversion [sample item – ballpen buy in pieces but sell by box], tick the enable unit conversion by product, set the sales/purchase unit to box, stock unit to pcs and the conversion factor to 10 [if in 1box =10pcs].
Step 2- Recording process for sample purchase of 100 pieces of ballpen in purchase module:
Step 3- Recording process for sample sales-10 boxes will mean 100 pieces sold [conversion of every 1 box is 10pieces] in sales module.
The stock ledger will show as follows- receipt of 100 pieces then issued 100 pieces.
Note: Related topics are Unit of measure [UOM].