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This blog post is part of a series called “Tip of the Week”.

How many times have you heard about the importance of building strong foundation? Probably a lot - like other clichés it fits many aspects of life, literally and figuratively, and… it's true! Now, think about your business. Especially if you manage inventory. For a second put aside the storage, counting, transactions, etc. and focus on the heart of the matter - the items!

In SAP Business One, the Item Master Data is the heart of inventory management. To support even more accurate and efficient inventory management, the following enhancements are introduced:

You can update the status of the checkbox "Purchase Item" for an item which is a child of a BOM, a parent item in Production BOM, or Template BOM. Changing the status of the "Sales Item" checkbox is enabled for items which are not components of Sales BOM or Assembly BOM, and for items which are components of Production BOM or Template BOM.

In addition, the name of the preferred vendor is displayed alongside its code for broader context, and the "Last Prices" report can be accessed from the context menu.

Available in SAP Business One 10.0 FP 2011 and SAP Business One 10.0 FP 2011, version for SAP HANA.

I hope you found this information helpful and as always, I’m looking forward to your feedback in the comments section below. If you do have questions about SAP Business One, feel free to ask them here in SAP Community Q&A. This tip and all other tips can be found in the tag tipoftheweek. To receive notifications about new related blog posts, please follow my profile and #communications. Also, check out our SAP Business One Community page with lots of helpful links and resources.