1. Category Types - Costbucket

1. Category Types

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Inventory is managed by categories with each identifying whether or not to track inventory movement.  It also determines the valuation method to apply to the products represented on the balance sheet. 

Inventory Type

Inventory Movement

Finished Goods

Track Inventory Movement

Raw Material

Track Inventory Movement

Service Charge

No Inventory Movement

Dummy Product / No Movement

No Inventory Movement