Overview

Redpoint includes a comprehensive inventory management system. You can:

• Create Purchase Orders to track items pending delivery.
• Shipments can be received using Item Receipts, either against open purchase orders or as standalone entries. 
• Create Transfers when moving inventory between two locations in a multi-location organization.
• Make Adjustments to Inventory  (via Adjustments or Counts)

To streamline the receiving process and improve accuracy, a barcode scanner can be used during both receiving and inventory counts.

Additional Related Configuration

Products require that a Vendor and Revenue Account be assigned. 
In addition, various Lists can be used to configure and customize information in the Products module.

Vendor

The Vendor field is required when making a Product

To make Vendors, navigate to Products > Vendors and add the vendor name.

Each product can be assigned to only one vendor. However, products from different vendors can still be included in purchase orders created for other vendors. 

Revenue Account

A Revenue Account must be assigned to each product.  

Go to Manage > Organization & Facility Settings > Revenue Accounts

Lists Related to Products Module

Go to Manage > Organization & Facility Settings > Lists

Administrative Lists and Product Lists have items that can be seen in the Products module.

1. Click Add New List to create a list for one or more facilities. 
2. Click OK to save the name of the list, then click the List Name to add items to the list.  Only one list can be active per facility at a time.  

Set up the following lists as needed in Administrative Lists and Product Lists:

• Ship to Address
• Purchase Order Terms
• Shipping Methods
• Stock Adjustments types: reasons you can assign when making stock adjustments during inventory
• Brands (Optional): An additional way to categorize products
• Product Groups: An additional way to categorize products
• Variant Sources: This is useful for variant selections like shoe size. You can make a list of shoe sizes. When making a product with variants, you can pull in that list to create the variant by clicking Import List.  

Cost on Products

The Default Cost set on a product will automatically populate in Purchase Orders and Item Receipts.

You can update the cost directly in the Purchase Order or Item Receipt if needed. This sets the actual cost for that specific order and only applies to the quantities received in that transaction.