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How to add a new product/service

  1. Step 1:

    To add/create a new product, click on the "Product and Services" button from the side navigation. This will expand the sub-menu items.

  2. Step 2:

    From the sub-menu items, click on the "Product and Services" sub-menu.

  3. Step 3:

    Then you need to click on the "Add new product/service" button. A new product/service window will appear.

  4. Step 4:

    In the Product/service window, you need to:

    • 1. Select a type, either a Product or Service. In case of a product, inventory can be setup. On the other hand, inventory is not applicable for Services.
    • 2. Enter unique code of the product/service (also known as SKU Number)
    • 3. Enter the name of the Product/Service
    • 4. Select a category. If the category you want to select is not added in the system, you can also click on the "Plus" button to add a new category directly.
    • 5. Applicable VAT Service Code. Based on the selected Service Code, VAT will be applied when creating an invoice.
    • 6. Enter Purchase Price, which must not include VAT and
    • 7. Enter Selling Price, which must not include VAT as well.

    Please note that, * marked fields are required.

Example:

As an example, let's add 2 products for Clothing and Shoes categories respectively.

For the Clothing category, let's select "Product" from the first dropdown menu. Enter "1001" into the Product/service code. In the next field, enter "Tops" as the Product/service name. Select "Clothing" from the Category dropdown menu & "Procurement Provider" from the Applicable Vat dropdown menu. After that, enter "1200" in the Purchase price field and "2000" in the Selling Price field. And after that, click on the "Submit" button.

For the Shoes category, first select "Product" from the first dropdown menu. Enter "1002" into the Product/service code. In the next field, enter "For Kids" as the Product/service name. Select "Shoes" from the Category dropdown menu & "Procurement Provider" from the Applicable Vat dropdown menu. After that, enter "800" in the Purchase price field and "1500" in the Selling Price field. And lastly, click on the "Submit" button to complete the process.