What is Product Grouping?
Product Grouping is the process of linking a final product with the specific raw materials and quantities needed to make it. By grouping these items together, your system automatically tracks stock levels for both your raw materials and final products.
When and Why it is required?
Product Grouping is required whenever making or selling one item automatically changes the stock of other grouped items.
Example:
From Manufacturing side,
- A furniture manufacturer builds and sells a Wooden Dining Table. To produce one finished table, specific raw materials are consumed.
- Teak wood board
- Wooden legs
- Steel screws
In order to create product grouping for Wooden dining table, please follow the below steps:
Step 1: Click products and services >> Click on groups >> Click Create group.
Step 2: Search and select your Main Finished Product from the dropdown. (If it’s a new item, click + Add New Product to create it on the spot).
Step 3: Mention the product name and selling price >> Click on Add item to add the main product.
Step 4: Once the main product is added, select the sub products which is required to make the main product >> Click on next.
Step 5: Once the products added, click submit to create a group.
Step 6: The box symbol shows that the product has a group, and you can click and view the group.
