Introduction to products and services
Description

What are products and services

Products and services are reusable records. They store the description, price, VAT rate and optional stock settings for the items you buy or sell.

They're split into Stock, Non-stock and Service items.

NOTE:

Stock functionality is only available in Sage Accounting Plus. To upgrade, read how to upgrade your Sage subscription.

Why they matter

Using products and services:

  • Stops you from entering the same details for every transaction
  • Helps you create professional and consistent invoices
  • Sends accurate figures to your reports

Where you use them

You can add products and services to these transactions:

Sales Purchases
Quotes and Estimates Purchase Invoices
Sales Invoices Purchase Credit Notes
Sales Credit Notes  

Related solutions

Create new product and service records

Edit products, services and stock

Import products and services

Stock movements report

Make products or services inactive

Import stock adjustments

Product and service settings

Opening and closing stock