RanceLab® FusionRetail™ 6 FAQ - Separation of Fresh Goods from Finished Goods

I have products that are freshly purchased and products that have been processed to make finished items. I want to maintain stock of both the kind of products. How to do it through RanceLab® FusionRetail™ 6?

Answer:

You can maintain stock of both the above mentioned kind of products by the help of RanceLab® FusionRetail™ 6. Please follow the steps given below to accomplish the task.

Step1: Creating a new Matrix

Go to Main Menu > Master Data Management > Inventory > Product Management (M> I> P)
Alt + L
Select a Product from the list.
Go to Matrix Name.
Ctrl + N to create a new Matrix.
In ‘Matrix Name’ type “Status”.
In ‘Field1’ type “Product Type”.
8. Set ‘Field List =Size’
Save.

Step2: Attaching the new matrix with products

Go to Main Menu > Master Data Management > Inventory > Product Management (M> I> P)
Go to ‘Product Name’.
Alt + L
Select the Product from the list.
Set “Matrix Name =Status”
Save.
Repeat Step 1 to 7 as per your need.

Step3: Creating list for “Status” Matrix

Go to Main Menu>Master Data Management>Inventory>Matrix List (M> I> M)
Type “Fresh” in ‘Name’ field
Go to ‘List Name’ field
Alt + L
Select ‘Size’ from the list
Save
Repeat step 2 to 6 to create a list item as “Finished”.

Step4: Purchasing products as ‘Fresh’

Go to Main Menu > Purchase Management > Transaction > Purchase Invoice (P> T> P)
Select Supplier from the list
Select product from the list
Enter other details as ‘Reqd. Qty’, ‘Purchase Rate’, ‘MRP’ etc.
Go to “Product Type” column
Alt + L
Select “Fresh” from the list.
Enter
Provide other details
Save and print barcode (if required)