Creating a Product¶
Your organization’s offerings be it “Goods” or “Services” are created using the steps below.
To create a product please follow the steps below:
In HRM container, go to Product Folder
In Product Folder, click on “Actions” and select “New Products”
A New Product’s Details window will pop on the screen.
Fill in the details and click on save
Mandatory Fields for creating a new Designation/Product record¶
The following fields are mandatory and you’re requested to fill at least the following in order to successfully create a designation/product.
Name: Please enter the name of product in this section.
Category: This defines the product type and units of measurement. Click on the “+” sign to fill in the details
Type: From the drop down menu, select the type of product (Goods or Service). In case of service select the sub type through the drop down menu.
Unit of Measurement: Select the unit of measurement for the offering. In case of a service, it could be as per the work that is to be performed by the employees.
Prices and Taxes: Used to define the price at which the product is to be sold and the expected tax slab. Please note that this tax would be automatically used in the invoices generated for the respective product.
Default price: The basic price at which the product is to be sold. This is the rate that will be considered if not specified.