Product Group Fields

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.
Category		If selected, the product group is considered a category. This adds the product group to the list of categories available for selection when you create a purchase order line item of type Category.
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. Note: Intangible items can still be sold on an inventory type sales order.
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. Note: If your organization uses the SCM Avalara Connector, see the Avalara Tax Code field.