Add your Products & Services

The above is the video to add your product and services on myBooks. Here is the step by step explanation of the above mentioned topic.

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1. Type – Select whether your business sells a product or offer services
2. Item Name – Enter the name of the item
3. Description – Type description for the entered item
4. Item Rate – Enter the item rate
5. Unit of measurement – Unit of measure will be loaded based on the selected type
6. Sales & purchase account – By default sales and purchase account will be selected. Users can change the account to their needs
7. Sales and purchase rates – Rate will be updated once the item was updated
8. Tax – Tax can be linked to the item. So whenever this item was selected in the transactions, then selected tax in item automatically update