21st Century Accounting Help - Sales

Product List

Use Sales//Product List to set up and maintain a product list from which to select items when you enter invoices. You assign taxable and discountable status to each item, for defaulting on the invoice.

You can set up also create "items" that are services your company provides.

You can optionally assign G/L accounts to items for posting the sale price when you put an item on an invoice. In conjunction with flexible account structures, this feature provides cost center tracking at a detailed level.

If you use price breaks, you can create up to five price levels for an item or service. For example, an item may be priced by quantity or by type of sale, like this:

Unit of
measure

Each

Box

Case

Unit of
measure

Retail

Wholesale

Distributor

A service, such as rental of a piece of equipment, may be priced like this:

Unit of
measure

Hour

Day

Week

Month