TABLE OF CONTENTS
What is a Master in Procurement
Good question, please refer to this article, masters explained.
What is a Product Master
The product master, or a product master list has all the necessary information about a specific product. For example, the laptop's product master will have all the essential information about that laptop in detail, like, CPU, RAM, ROM, supplier, brand, etc.
Steps to Create a Product Master
Follow the below steps to navigate to the product masters in Aerchain.
- Login to the Aerchain customer portal.
- Click Modules.
- Click Products.
- Click the + New button.
✔️ New Product form opens. - Fill in the values.
- Click Create.
Some text boxes in the New Product Form are explained below.
* Mandatory
Text Box Name | What to fill? | Explanation |
---|---|---|
* NAME | Type the name of the product. | Name of the product. |
* UNIT | Unit of measurement of the product. e.g., KG, Meters, etc. | Select the UoM of the product. |
* TAXES | Select the applicable tax percentage. | Tax slab under which this product falls. |
* ITEM GROUP | Choose from the dropdown, the category to which this item belongs. | Category under which this product falls. |
* EXPENSE TYPE | Choose either Capex or Opex from the dropdown. | The expense type this product falls under. Operational Expense or Capital Expense. |
ATTACHMENTS | You can add attachments if required.
| Any file(s) corresponding to this product can be added as an attachment. |
HSN/SAC | Type in the HSN/SAC code. | Please refer to this article to learn more about HSN/SCA codes. |
SPECIFICATIONS | Provide product specification(s) in a key-value pair. e.g., Processor: A15 Bionic. | Any product specifications can be added as an entry in a key-value pair format. |
IMAGES | You can add images if required.
| Any relevant images of the product can be uploaded. |
Note
The above fields are provided as an example. There maybe other feilds as well in the product master creation page based on custom configuration.
Walkthrough
Please feel free to reach out to support@aerchain.io should you have any questions or feedback.