- There are two ways to add items. Either by items or by categories.
- Under the 'Maintenance' heading, select either 'Add Item' or 'By Categories'.
- For companies that are using the Wavelet EMP for the first time, the old item codes can be imported into Wavelet.
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By 'Add Item'
Setup - Item
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- This is where the pricing details of the items are entered. Not all the pricing field are required to be filled.
- List Price (Retail Price) is the price that the customers will pay for.
- Sales/Wholesale/Dealer Price is the cost price that was paid to obtain the goods.
- Discounted Price 1 to 3 is the three (3) level of default discounted price that is allowed.
- Minimum Selling Price is the minimum price that the item is allowed to be sold.
- Replacement Cost is the cost of replacing the item.
- Rebate Amount and Rebate Dates is the allowed rebate price and it can be categories by absolute amount or by percentage. As rebates do not last forever, thus dates can be entered for availability of the rebates to last.
- Tax Option and Tax Rate. If the item is taxable then select 'Tax Applicable' and Tax Code from the drop-down or entered the tax rates i.e. 5, 7 or 10. Please note that this is important if the option 'Item Price Include Tax Rate' is 'checked' when configuring the tax setting in System Admin Module. To be able to select Tax Code, users need to tax setting in Accounting Module.
Other Details
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- Fill in the necessary information in the field by selecting from the drop-down list and the 'Item Code' and 'Item Name' will appear automatically according the information selected in 'Level 1- Level 5'. Note:Not every level needed to be selected and the Item Code and Name will change accordingly.
- Users can still change the Item Code and Item Name manually if needed/wanted.
- Enter the retail, wholesale and the discounted prices.
- Select 'Serial Number Supported' if applicable, otherwise leave it at default ' No Serial Number'.
- Users can add a description to the item if needed.
- Click 'Create Now' to create the item into the system.