Sales Categories allow us to classify the goods and services that we’re selling to our Clients. Design Manager comes preconfigured with a set of Sales Categories but you can fully customize them to mirror your particular business model.
You can find the preconfigured Sales Categories by going to the left side menu, clicking on Settings and then clicking on the Glossary tile. From here, click on the Sales Categories tab.
Edit a Sales Category
Edit a Sales Category
To edit the Sales Categories in Design Manager, follow the steps below:
1. In the left side menu, click on Settings and go to Glossary. Click on the Sales Categories tab.
2. To edit an existing Sales Category, click on either the Category Code or the Category Name. From here you can change the name of the Sales Category along with general ledger accounts associates with the sales category. The Sales Categories can be used to override the company sales and Cost of Goods Sold (COGS) accounts for each individual Item. Each Sales Category automatically has Company Default selected for each account. To override, uncheck the Company Default field and manually select the Accounts for Sales and COGS in the edit page of a Sales Category. When finished making edits, click on Save at the bottom or top right.
Add a Sales Category
Add a Sales Category
To add a new Sales Category in Design Manager, follow the steps below:
1. In the left side menu, click on Settings and go to Glossary. Click on the Sales Categories tab and click on the +Add button in the top right.
2. Enter the Sales Category name to describe the classification of merchandise or service. In our example here, lets add a bedding sales category.
3. Check the code and edit if needed. The Sales Category Code is a five-character code that is used to uniquely define a particular Sales Category. Sales Categories can be assigned to each line Item within a Project. Assigning a Sales Category to an Item will appropriately classify the Item’s Revenue and Cost during accounting transactions. This allows the person entering the specifications to choose the classification of the Item without having to know the precise General Ledger Account Number.
4. Fill out the Account fields. Two options for choosing the appropriate Accounts are available. First, you can choose to use the Company default already shown. These defaults come from Settings and the Accounting Settings. Second, you can manually select the General Ledger Accounts. To do this uncheck the Company Default option and select the Account from the drop down list. Note: The Revenue General Ledger Account numbers start with a 4. The COGS General Ledger Account numbers start with a 5.
5. When finished entering and reviewing the information you entered, click Save at the bottom or upper right to save your new Sales Category.
