Product groups enable you to organize item masters into logical groups and assign them to a particular sales representative. Your administrator can set up product groups on the Codes tab. Here is a description of the fields on the Product Group object.
Key: * – Mandatory field.
| Field Name | Description | |
|---|---|---|
| Asset Group | A logical grouping of fixed assets. Examples of asset groups include facility equipment, information technology or vehicles. Asset groups determine the appropriate groupings to use in Fixed Asset Management. | |
| Asset Sub-Group | A further grouping of fixed assets. For example, if you have the asset group information technology, you might create asset-sub groups of printers, copiers and employee computing. Asset sub groups along with asset groups determine the appropriate groupings to use in Fixed Asset Management. | |
| Description | Description of the product group. | |
| Elements of Cost | Element of cost assigned to the product group to track costs by product group. | |
Intangible In the context of SCM, this refers to a service or license that is sold rather than a physical product sat on a shelf. Product |
Indicates whether the items in the group are stored in inventory. When selected, this indicates that items in the group are not stored in inventory such as service, licenses, labor or embedded software. | |
| Product | Lookup to the product associated with this product group. | |
| Product Group Name | * | Name of the product group. |
| Revenue Category | Revenue category to which this product group totals. | |
| Sales Tax | Tax code from the codes tab to be associated with this product group. |