Composite items in Tyms enable manufacturing businesses to structure their production process, track material usage, and maintain accurate inventory and financial records.
This covers:
Activating the Composite Item feature
Understanding system‑generated inventory accounts
Creating and managing raw material items
Activate Composite Items
Before you can create composite items or run production orders, you must activate the Composite Item feature.
Steps to Activate
Navigate to Settings
Click Accounting
Select Composite Item
Check the box to activate the feature and click save
Once activated, Tyms automatically creates the required inventory accounts:
Raw Materials
Work in Progress (WIP)
Finished Goods
Note: Composite Items can only be activated once and cannot be deactivated.
Create Raw Material Items
Raw materials represent the items consumed during production.
To Add a Raw Material Item:
Go to the Inventory module
Click All Items
Select New → Item
Check Set item as raw material
Enter the required details (name, SKU, unit, cost price, selling price etc.)
If applicable, input an opening stock balance
If no stock is available at the time of creation, you can restock the item later.
For guidance on restocking inventory, refer to this article: https://www.tyms.io/en-NG/help/article/how-to-restock-inventory-on-tyms-web-application
Click Save
The raw material item is now tracked under your Inventory items.
Summary
By activating Composite Item and correctly setting up raw materials, Tyms ensures:
Accurate tracking of materials used in production
Automatic posting to the correct inventory accounts
A seamless foundation for creating composite items and production orders
You’re now ready to create composite items and manage production.
How to create an expense claim on the Tyms Book web application
Ultimo aggiornamento di Praise Arannilewa 3 years ago
Creating and managing chart of accounts on Tyms
Ultimo aggiornamento di Praise Arannilewa 2 years ago
How to generate Journal Entries with AI on Tyms
Ultimo aggiornamento di Tyms 1 year ago
How to Generate and use Trial Balance in Tyms
Ultimo aggiornamento di Tyms 1 year ago
How to Create Journal Groups on Tyms
Ultimo aggiornamento di Tyms 1 year ago
How to create a sales link on Tyms web application
Ultimo aggiornamento di Praise Arannilewa 3 years ago
Deleting Uploaded Bank Statements
Ultimo aggiornamento di Tyms 1 year ago
Configure Approval Workflows in Tyms for Better Control and Oversight
Ultimo aggiornamento di Tyms 1 year ago