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Categories control GL transactions for sales, cost of goods sold, purchasing and inventory transactions. Multiple categories can point to the same GL Account. Every Item in the Item Master is assigned to a category so it is critical that the proper architecture of categories matches with the accounting architecture.
Categories are also used in such reports as the Inventory by Category and Sales by Category, which are summary reports designed to help you manage inventory and sales.
Every buy, sell and make item must have a category. You should think of a category as a bucket of like items of similar characteristics or similar commodities, vendors, customers or as a group of item on a bill of material.
Examples of Categories can be:
The category form is accessed by clicking on the [Inventory] bar, followed by the [Category] icon within the OrderStream profile.
For Configured items this is accomplished in Utilities > Configurator Setup.
The diagram below shows the sequence of setting ip a category, item and flowing the transaction through a PO, Receiving, Day End cycle.
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