Available in Sage 50 Premium Accounting and higher.
In Sage 50, you can attach a warranty only to serialized inventory items. Sage 50 will calculate the warranty based on the warranty period that you enter on the Serial Numbers tab of the Maintain Inventory Items window.
If the item is covered under warranty, select the This item is covered under a warranty check box. Then, enter when the warranty expires. The warranty period can be expressed in days, months, or years.
When you add a warranty to a serialized item, a status is assigned to the warranty. The warranty period is calculated from the day that the item is sold. However, the warranty period will be reset if the item is returned and then sold again. The warranty can have one of the following three statuses:
- Expired—A serialized item with this status is no longer covered under warranty.
- Active—A serialized item with this status is still covered under warranty.
- N/A—A serialized item with this status either has not been set up to include a warranty or has not been sold.
The warranty status of a serialized item is displayed in the serial number list on the Serial Numbers tab of the Maintain Inventory Items window.