The item model group that is associated with the product. The item model group controls how products are handled on item ...

The item model group that is associated with the product. The item model group controls how products are handled on item receipts and issues. The item model group includes settings to allow or disallow negative inventory. For retail products, the Financial negative inventory and the Physical negative inventory options in the Warehouses page override these settings for the item model group but only for warehouses that are designated as retail stores. For warehouses that are not designated as retail stores, the item model group settings for the product are applied.
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