You are here: Main Menu > 7. Ledger Menu > S. Setup > 5. Sales Category

Sales Category

A sales category is used to group items together when posting accounting entries to the ledger into the same sales, inventory, cost of goods sold, and commissions accounts. Sales categories are used to group together like products (fresh vs. frozen products, for instance) for reporting purposes on sales reports. Items are assigned a sales category.

Available Actions

Adding

Changing

Deleting

Printing

Importing

Sales Category Fields

Sales Category	The sales category ID--must be unique.
Category Name	The name of the sales category.
Cost of Goods Account and Cost Center	Expense account and cost center for Cost of Goods Sold.
Inventory Account and Cost Center	Inventory account and cost center.
Standard Cost Adjustment	The inventory cost adjustment type to automatically account for the difference in value when the value being added to a standard cost item is different than the standard cost for the Item. This is used in Purchase Orders, Purchasing, Transfers, Planned Transfers and Work Orders.
Sales Commission Expense	(If using sales commissions.) The expense account and cost center used to pay sales reps commissions.
Broker Commission Expense	(If using broker commissions.) The expense account and cost center used to pay brokers commissions.

Security Required : Tables - Item Tables