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Create Stock Item In Acumatica Cloud ERP

Stock items are the backbone of inventory management, allowing businesses to keep track of the products they have in stock, where they are located, and how much of each item they have on hand. Through creating stock items and setting default purchase prices, businesses can better manage their costs by negotiating better prices with suppliers and making informed decisions about when to reorder stock. Additionally, setting default selling prices for stock items can help ensure that the business is pricing its products appropriately to cover costs and make a profit.