Product Group Fields

Product groups enable you to organize item masters into logical groups and assign them to a particular sales representative. Your administrator can set up product groups on the Codes tab. Here is a description of the fields on the Product Group object.

Key: * – Mandatory field.

Field Name		Description
Asset Group		A logical grouping of fixed assets. Examples of asset groups include facility equipment, information technology or vehicles. Asset groups determine the appropriate groupings to use in Fixed Asset Management.
Asset Sub-Group		A further grouping of fixed assets. For example, if you have the asset group information technology, you might create asset-sub groups of printers, copiers and employee computing. Asset sub groups along with asset groups determine the appropriate groupings to use in Fixed Asset Management.
Category		If selected, the product group is considered a category. This adds the product group to the list of categories available for selection when you create a purchase order line item of type Category.
Description		Description of the product group.
Elements of Cost		Element of cost assigned to the product group to track costs by product group.
Intangible In the context of SCM, this refers to a service or license that is sold rather than a physical product sat on a shelf. Product		Indicates whether the items in the group are stored in inventory. When selected, this indicates that items in the group are not stored in inventory such as service, licenses, labor or embedded software. Note: Intangible items can still be sold on an inventory type sales order.
Product		Lookup to the product associated with this product group.
Product Group Name	*	Name of the product group.
Revenue Category		Revenue category to which this product group totals.
Sales Tax		Tax code from the codes tab to be associated with this product group. Note: If your organization uses the SCM Avalara Connector, see the Avalara Tax Code field.

Accounting Connector

Here is a description of the fields that SCM Accounting Connector adds to the Product Group object when you have the SCM Accounting Connector installed.

Field		Description
COGS Cost of Goods Sold Account		COGS GL Account to be associated with this product group. If this field is not populated, the SCM Account on the GL Account record is used.
Dimension Dimensions are an optional element of some accounting codes in FinancialForce Accounting. They also form part of a FinancialForce Accounting chart of accounts. You can use dimensions to analyze the activity in your business. For instance by cost center, project, employee or any other aspect of business important to you. Each time a sales invoice is created, you can sub-analyze both the invoice total and the individual lines by any of your dimensions. 1		The Dimension 1 record to be associated with this product group.
Dimension 2		The Dimension 2 record to be associated with this product group.
Dimension 3		The Dimension 3 record to be associated with this product group.
Dimension 4		The Dimension 4 record to be associated with this product group.
Inventory Account		Inventory account to use for this product group. If this field is not populated, the SCM Account on the GL Account record is used.
Purchase Analysis Account for Category		The purchase analysis general ledger account you want to assign to this product group when used as a category. This will be the general ledger account used for AP voucher lines associated with category purchase order lines when exporting AP vouchers to Accounting.
Purchase Analysis Account for Product		The purchase analysis general ledger account assigned to the product related to this product group. When exporting AP vouchers to Accounting, this is the general ledger account used for AP voucher lines associated with purchase order lines with an item that relates to the product.