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 The use of selecting ‘Impact Inventory, Impact Fixed Asset, Impact None’ is to reflect the said product in the Inventory Register, Asset Register, or nowhere. The functionality of selecting the Impact Inventory is that the product will be available in the Inventory Register i.e. IR Summary menu. The functionality of selecting the Impact Fixed Asset is that the product will be available in the Asset Register i.e. FAR Summary. The functionality of selecting the Impact None is that the product will neither be available in the Inventory Register nor the Asset Register.    

The use of ‘Sales Price’ entered in Product Master creation is for auto appearing/ fetching the Sales Price at the time of Sales Order or Sales Invoice.