How to Create an Inventory or Service Item Record in Sage 50?

Q: Q1. What is a Service item on Sage?

Ans: Service items are those non-physical items you buy and sell. To give you an example, a computer hardware repair company may enter both the stock and non-stock items in Sage to track the hardware items. They may also enter service items for other purposes such as virus removal or software upgrades.

Q: Q2. Do Sage 50 have Inventory Management?

Ans: Yes. Sage 50 has a completely web-based Inventory Management system. You can manage and track your inventory with the Sage Inventory Management Module in real time. It includes a host of modular features along with easy facility to integrate with Sage 50.

Q: Q3. What is the Sage Inventory Advisor?

Ans: The Sage Inventory Advisor is a cloud-based and secure subscription service. It helps you reduce excess inventory, working capital and stock-outs. It is fast to implement and affordable. You can connect it directly to Sage X3, Sage 100cloud and Sage 300cloud.

Create an Inventory or Service Item Record in Sage

With its amazing features, Sage 50 has helped businesses perform their accounting and bookkeeping functions with desired efficiency. Sage 50 also helps businesses to manage their employee records better. In this blog, we will discuss how to Create an Inventory or Service Item Record in Sage 50.

User Navigation

Create an Inventory Item Record in Sage 50?

Please follow the below-mentioned steps-

Open Sage
Go to the Home window
Click on Inventory & Services from the navigation pane
Go to the Tasks pane,
Right-click on the Inventory & Services icon
From the menu, select Add Inventory & Services
Navigate to the Type section on the right side of the window
Click on Inventory
Go to the Item Number box and type a reference number for your inventory item
Again, go to the Description box to type a small description about the item.
If you are using Sage 50 Premium Accounting, you can select a category from the list set up already
Now go to the Inventory & Services Record window and enter each of the following tabs to fill in relevant details-
- Units
- Vendors
- Serial Numbers (Only in Sage 50 Quantum Accounting)
- Quantities
- Linked
- Statistics
- Pricing
- Build (Only in Sage 50 Premium Accounting)
- Taxes
- Detailed Description
- Additional Info
- If you do not want to buy or sell a particular item, you may select the Inactive Item check box placed at the bottom of the window
- Go to the File menu
- Select Save to finish

Related article: Sage 50 Peachtree Maintain Inventory Items & Unit Cost

How to Create a Service Item Record in Sage 50?

Please follow the below-mentioned steps-

Open Sage
Go to the Home window
Click on Inventory & Services from the navigation pane
Go to the Tasks pane,
Right-click on the Inventory & Services icon
From the menu, select Add Inventory & Services
Navigate to the Type section on the right side of the window
Click on Service
If you are using Sage 50 Premium Accounting, you can select the checkbox named Activity (Time & Billing) if you want to include a particular service on Time Slips
Go to the Item Number box and type a reference number for your service item
Again, go to the Description box to type a small description about the item
If you are using Sage 50 Premium Accounting, you can select a category from the list set up already
Now go to the Inventory & Services Record window and enter each of the following tabs to fill in relevant details-

Units
Linked
Statistics
Pricing
Time & Billing (Only in Sage 50 Premium Accounting)
Taxes
Detailed Description
Additional Info
If you do not want to buy or sell a particular service, you may select the Inactive Item check box placed at the bottom of the window
If you want to track a service internally, you may select the check box named Internal Service Activity
Go to the File menu
Select Save to finish.

Also Read: How to Fix : “Your database engine on computer [server] is unavailable. Please make sure that the computer is logged in or that the database service is running“

Final Words

We hope the sequential steps mentioned above would help you a great deal to Create an Inventory or Service Item Record in Sage 50.

If you are still facing any difficulties in carrying out the above-mentioned steps, you may speak to our experts, anytime you want.

Sage 50 Live Chat Help 24×7

Email- [email protected]

💠Frequently Asked Questions💠

Q1. What is a Service item on Sage?

Ans: Service items are those non-physical items you buy and sell. To give you an example, a computer hardware repair company may enter both the stock and non-stock items in Sage to track the hardware items. They may also enter service items for other purposes such as virus removal or software upgrades.

Q2. Do Sage 50 have Inventory Management?

Ans: Yes. Sage 50 has a completely web-based Inventory Management system. You can manage and track your inventory with the Sage Inventory Management Module in real time. It includes a host of modular features along with easy facility to integrate with Sage 50.

Q3. What is the Sage Inventory Advisor?

Ans: The Sage Inventory Advisor is a cloud-based and secure subscription service. It helps you reduce excess inventory, working capital and stock-outs. It is fast to implement and affordable. You can connect it directly to Sage X3, Sage 100cloud and Sage 300cloud.