Setting up Products is where the business will identify the products they carry, assign the inventory group, product line and supplier to the product and identify the SKU associated with the product.
To setup Products, follow these steps:
First, go to the Navigation Menu, then click Setup, then Setup Products
Select the Product Line and Group
Click Add New or select an existing Product to edit
By default, new products will be active
Enter a Product Name
Enter a SKU, click the + sign to add multiple SKUs
Enter a Stock Number if desired
Select a Unit of Measure, Product Line, Inventory Group and Category
Enable the Taxable checkbox if the product is taxable
Enable the Professional checkbox if the product is for the businesses only and is not for retail sale.
Note: Professional products will not appear in the Checkout Page
Enter the Retail Price and the Standard Cost, the Markup Percent % will update itself
Pro Tip: If you enter the Standard Cost, you could alternatively enter the Markup Percent % instead of populating the Retail Price to calculate the price for you.
Average Cost will update as the product is ordered via Purchase Orders
Quantity on Hand is the current count of the product you have
Minimum Quantity is the minimum amount of the product you would like to carry
Supplier Minimum is the suppliers minimum order requirement
Click Upload to add an image of the product
Click the + to add the Suppliers you order this product through