Differences

This shows you the differences between two versions of the page.

--- setup_master_data [2026/09/28 09:32] – chillhubadmin
+++ setup_master_data [2026/10/02 06:38] (current) – chillhubadmin
@@ Line 14: / Line 14: @@
   * **Product Type**: Defines the category or classification of a product based on shared characteristics or use cases. (e.g. Wall Mounted, Cassette)
     * Categorizes and define **Products**
-    * Can be added to **Quotations**, **Sales Orders**, and **Invoices**, particularly when specific products are unknown or not tracked in the system.
+    * Can be added to **Quotations**, **Sales Orders**, **Invoices** and **Purchase Orders**, particularly when specific products are unknown or not tracked in the system.
       * e.g. For a repair service, the Product Type "Cassette" can be added to the invoice to indicate the category of the equipment serviced, even if the specific model isn’t tracked in the system.
   * **Product**: Represents specific goods, items and parts offered by the organization, identified by unique product codes/model number.
@@ Line 24: / Line 24: @@
     * **Selling prices** can be defined for each product, ensuring consistent pricing across all documents
   * **Service**: Refers to additional charges or non-physical offerings that your company provides. (e.g. Overhaul, Wheel Alignment)
-    * Can be added to **Quotations**, **Sales Orders**, **Invoices**
+    * Can be added to **Quotations**, **Sales Orders**, **Invoices**, and **Purchase Orders**
     * **Prices** for each service can be defined
   * **Task**: Represents a specific units of work or activities carried by teams that can be scheduled. (e.g. Delivery, Repair)
@@ Line 75: / Line 75: @@
       * Only available in Product
     * **Taxable By Default**: Determines whether tax is automatically applied when this product or service is used in transactions
+      * Available in Product, Product Type, Service
+    * **Taxable On Purchase By Default**: Determines whether tax is automatically applied when this product or service is used in purchase transactions (e.g. Purchase Order, Purchase Invoice)
       * Available in Product, Product Type, Service
+    * **Absorb to Product Cost**: Determines whether this item's amount is absorbed proportionally into the cost of the other product items on the same document, instead of being posted to its own expense account, when converting to a purchase invoice.
+      * Available in Product Type, Service
+    * **Default Expense Account**: The expense account this item's cost is posted to by default when converting to a purchase invoice.
+      * Only applicable when Absorb to Product Cost is unchecked.
+      * Available in Product Type, Service
     * **Obsolete**: Mark this item as obsolete to indicate it is no longer offered or used. Obsolete items will be hidden from selection in future transactions but retained for historical records.
       * Available in all master data (except Industry)