| A | B |
|---|
| Undefined | The costing method that allows the associate receiving the merchandise to specify the cost handling method. |
| Overwrite | The costing method used when the voucher cost should always replace the inventory cost. |
| Leave | The costing method used when the inventory cost is always unaffected by the voucher cost. |
| Cost Difference Threshold | The setting that creates a warning for new costs that differ from the old cost by a specific percentage. |
| The Average Costing Method Formula | [ (Quantity On Hand)*(Cost In Inventory) ] / [ (Quantity on Voucher)*(Cost on Voucher) ] |
| DCS | Department, Class, Subclass |
| ? and/or * | Wildcards that can be used in filter criteria. |
| GMROI | The gross profitability of an item. |
| Turn | A measure of how fast merchandise moves out of the store to the customer. |
| The Margin % Formula | (price – cost) / price |
| The MarkUp % Formula | (price – cost) / cost |
| The Coefficient Formula | price/cost |
| Vendor History | A view that allows you to see PO and Voucher documents associated with a particular vendor. |
| Vendor Profile | A view that allows you to identify areas where a vendor is performing well, or where the retailer can work with the vendor to imporve purchasing decisions. |
| Item Definition | A combination of Department Code, Vendor Code, Style Description (Desc1, Desc2, or both), Size, and Attribute. |
| Style Identifier (or Style Description) | A setting to determine what description values are needed in the item definition. The choices are Desc1, Desc2, or both. |
| Style | A group of inventory items that posess similar characteristics, but vary in size, color, and/or some other attribute. |
| Continuous Edit Mode | Setting that allows you to make changes to any editable field without having to press the Edit button. |
| Clean House | A tool used to delete and inactivate items. |
| The 3 Item Lookup Fields | UPC, ALU, Item Number. |
| Regional Inventory | A feature used to ensure that updates or changes to inventory items are communicated to all subsidiaries. |
| Master Subsidiary | When using Regional Items, it is the subsidiary that controls item information. |
| Multi-Vendor Grid | It is the field in the vendor record where multiple ALU and UPC values can be stored. |
| Kit | A group of two or more items together so that they can be sold as a set (typically at a discount). This group of merchandise has its own price, quantity, and cost. |
| Package | A group of two or more individual items priced as a single inventory item. This group allows for substitutions. |
| Inventory Type Field | The field in inventory where you set a line item as a kit or package. |
| Non-Inventory Items | Typically used for fees and services, these items do not track quantities and cannot be ordered. |
| Serial Numbers | These tracking numbers are often used for warranties and liability tracking. |
| Lot Numbers | A value that tracks an item, and also has the ability to post a warning if that item is past an expiration dates. |
| Price Levels | This is a complete set of prices for items. |
| Price Manager | A tool used to change price and/or cost of items in inventory. |
