As you can see from the following screenshot, Item groups is the product classification for inventory items, and it is the integration point between the inventory and financial modules. The classification of Item groups should be a joint effort between the stock manager and the controller. To access Item groups, go to Inventory management | Setup | Inventory | Item groups:
The inventory posting profile consists of the following possible inventory transactions:
- Sales order: This is a sales and marketing module transaction
- Purchase order: This is a procurement and sourcing module transaction
- Inventory: This is an inventory and warehousing ...
