By default, this price is used when you enter an expense invoice. Enter a description of the item.Ĭost Price.Ğnter the price at which you buy this item. Vendor Item Code.Ğnter a short name or code for the vendor's item.Select the vendor from whom you usually buy this item. Under I Buy This Item, enter the following information: Note: When entering an invoice, you can override the default selections. Select the general ledger account to which you want to post sales of this stock item. When you enter an invoice, the tax is deducted from this price. Includes Tax? Select this check box if the price includes tax.Note: You can change the price names and add a fourth pricing level, if needed in Record and transaction settings. This allows you to select the correct price when entering an invoice. Price Name.ĝisplays three selling prices, where you can enter amounts for sale, trade, and wholesale prices. Under I Sell This Item, enter the following information: If you have set up product and service categories, choose a category for the stock item. Item Description.Ğnter a description of the stock item, which will print on your invoices.Item Code.Ğnter a code for the stock item.Open Products and services, and then select New Item.Ĭlick Stock and then enter the following information:. Note: While this article describes how to manually enter products and services, you can also import products and services from a comma-separated value (CSV) file. For example, a computer repair company may enter stock and non-stock items to track hardware items but also enters service items for other work such as software upgrades or virus removal. You can enter service items for non-physical items that you buy and sell. You can add them to a sales or expense invoice but the quantities will not be updated. For example, you might use non-stock items for small things that you do not count, such as screws or bolts. Non-stock items are products that you want to record but not track. You can also receive alerts you when quantities are low and you can use the Stock Movement Summary report to review stock movement, which can help you manage costs. This prevents you from selling items that you do not have in stock. Quantities are automatically increased (or decreased) when you buy or sell an item. Stock items are products that you want to count and track. You can keep track of the products and services you buy and sell (in and out) quantities, costs, and other item details such as storage location. Add and edit products (stock and non-stock) and services
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |