Introduction to products and services

Products and services records let you reuse item details and manage optional stock tracking in Sage Accounting. They help you create consistent transactions, speed up entry, and improve reporting accuracy.

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.

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