In this article, we'll take a brief look at creating products, how to set them up properly, and where to use them.
Table of contents
What are products?
Creating a product
What are products?
Products are used when registering expenses. Products have a sales rate and a purchase rate. When you create an expense registration, you can select a product. These can also be linked to an accounting solution.
Creating a product
To create a product, we need to be in "manage." Click on the gear icon and navigate to the products tab.
Here you can see an overview of all your products. To create a new one, click on "new product."
Here you provide the following information:
Name: the name of your product
Product/article code: the code of your product. This is retrieved and used in conjunction with your accounting package
Selling rate: the sales rate of your product
Purchase rate: the purchase rate of your product
After clicking on "add," you will see the new product in the list and when creating an expense.
If the purchase or selling price changes, you can edit the project by clicking the three dots at the end of the row.
To register the products, navigate to the registration page > expenses. This article will give you further details regarding this screen and its functionality.