Non Valued Item
Non Valued Items are entries that are kept for informational or reference purposes and are not assigned a monetary valuation on your balance sheet. They are useful for items you want to track in the catalogue without affecting inventory valuation.
Typical uses:
- Reference parts, templates or informational items.
- Documentation-only entries where stock is not tracked for accounting purposes.
Working with Non Valued Items in Ultro ERP:
- Go to Products → Non Valued Item to see the list of non-valued entries.
- Add a new entry with Add New; complete the basic fields like name, code and any descriptive notes.