Hi Carmie,
Thanks for the post to the Microsoft Dynamics Newsgroups!
To setup a Kit, you will first want to setup the components/items that will
help to make up the Kit item. This can be done under Cards-Inventory-Item.
Once you have all of the components setup, then to create or setup the
kit, you will go to Cards-Inventory-Kit. Here you will specify the name of
the kit as well as the components and the quantity that will make up the
kit. Here are a few other notes about Kits:
-Kits are not tracked in inventory. Quantities are tracked for the
components of a kit. When you enter a kit on an order or invoice, each
component is checked for shortages.
-A kit can not be a component of another kit.
-Kits can only be sold in Sales Order Processing. They cannot be sold in
Invoicing.
-A kit can not be purchased through Purchase Order Processing or by
entering an increase adjustment for the kit. The components must be
purchased because the components are tracked in inventory, not the kits.
-You can not partially transfer kits. For example, for a kit item on an
order, the Quantity to Order is 5. You can not transfer 2 to an invoice and
3 to a backorder. You must either invoice or backorder all 5. The same goes
for all other transfers (on backorders, invoices and returns).
- The distribution accounts will come from both the kit and the kit
component, depending upon which account type it is. Posting accounts used
for kits are as follows:
Account Type
Posting Account From:
Receivables
Customer
Sales
Kit or Customer, depends on Sales Order Processing Setup
Commission Expense
Posting Account Setup for Sales Series
Commission Payable
Posting Account Setup for Sales Series
Inventory
Kit Component
Cost of Goods Sold
Kit Component or Customer, depends on Sales Order Processing Setup
-Dynamics will allow you to create a kit without assigning components to
it. However, when the kit is entered on an order or invoice, no unit cost
will default in and no adjustment will be made to Cost of Goods Sold or
Inventory, even if a current and standard cost are entered for the kit in
Item Maintenance (Cards - Inventory - Kits). You must have a component
assigned to the kit to trigger a journal entry to Cost of Goods Sold and
Inventory. The amount for the entry will be the actual or standard cost of
the component(s), depending on the valuation method used for the component.
-You will not be able to return to multiple return quantity types on a kit.
This is because you have the ability to change or add components to a kit
when entering the transaction and because kits do not track quantities. You
can go into the Sales Item Detail Entry window, click on the Kits button,
highlight a component item and click on the expansion button by Extended
Kit Quantity. Through this window you can return individual components to
multiple return quantity types. Keep in mind that the only quantity field
that gets updated for the kit is the quantity sold. The return quantity
type that you enter for the kit is just a default for the components and
can be change per component.
Diana Van Raden
Microsoft Online Support Engineer
Get Secure! - www.microsoft.com/security
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