Creating a new Kit/Bundle

Kit Products are products that are non-stock controlled products. The kit products that stand for an assembly of other products that make up the kit are known as Components.

When a Kit Product is sold, the stock on hand for all the components that make up the Kit is reduced and when you receive a kit product the stock for the components that make up the kit product is increased.

The stock on hand for the Kit Product itself never increases or decreases as it is a Non-Stock Product and must be set up within a Non-Stock Product Category.
The Products (components) that make up the Kit, should already be set up with the right costing, pricing, units etc.

Readysell 8 provides a Kit Item feature where a kit product can be created from existing products.

The Cost of the Kit Product is worked out using FIFO costing from the sum of each of the product components that make up the Kit product and aggregated.

The shipment line cost is equal to the sum of all the product movements for that kit product.

Setting up the Master Kit Product with its components.

1. Log onto Readysell>Inventory>Products
2. Click on the action button New to create the product that stands for the Kit itself (Master Kit).
3. Key in the following fields as you do when creating a new product
   1. Product ID - to stand for the Kit itself
   2. Name - best describes the kit 

   3. Category : must be set to one of the Non-Stock Products categories or just the header non-stock product category.

       Select non stock product category for the Kit

       

4. Click on tab General> Kit Items to add all the products that make up the Kit.

5. Click on the New action button to add each of the Kit Component (products that make up this kit) from the existing product list

6. Add the Quantity of each of the products that make up the kit

   
   

    Adding Components

   
   
   If the Product Unit for the Kit and the components are the same, the Product Unit field can be left blank. It will use the default sell unit on each of the components.
   If the Product unit for the Components varies to the Kit you must select one of the product units when adding the components to the Kit itself. That is, if you sell a box of Pens (12) and also break it up into eaches, you must select only one Product unit for that component on the Kit.
   
   

   Repeat the steps and insert all the products that make up the Kit.

7. The selling price is on the Kit itself and when you sell the Kit, the selling price is drawn from the kit not the components,
   However, the costing is aggregated from the product components that make up the kit.
   Click on Sell Prices tab on the Kit product and insert the Sell price for the entire kit.
   
   

   1. observe that the kit Each Cost is automatically aggregated and set to the total of the kit components' Each Cost to assist with the pricing

       Set up Sell Price on the Kit

       

8. Check that the fields of TaxCodeBuy and TaxCodeSell for both the Kit and components are the same. 

9. The newly created Kit product is now available for selling.
   You do not purchase the kit, you purchase the compoen
10. If blank it will use the kit component default Sell Unit.