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How Pricing Works for Products and Services

Each Product or Service record stores a default Unit Price, along with whether tax applies to it. Go to Get Paid → Products & Services and open (or create) an…

Steps

  1. Go to Get Paid → Products & Services and open (or create) an item.
  2. Set the Name, Type, and Unit Price.
  3. Add a Description or Notes if useful for your team.
  4. Use the usage checkboxes - "Allow on Invoices" and "Allow on Bills" - to control where the item can be used.
  5. Check "Taxable" and choose Default taxes if the item should be taxed automatically.

Good to Know

There is no Income or Revenue Account field on the Product/Service form - Sumung does not let you map an item to a specific chart-of-accounts revenue account from this screen.

Related Articles

  • How to Create a Product or Service
  • How to Edit a Product or Service
  • How Products and Services Speed Up Invoicing

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