Go to Inventory > Items, or List > Items.
Click Create > New.
Enter the Item Code. Assign a unique code or identifier for the service item.
Enter the service name or Description. Provide a descriptive name or detailed description of the service item.
Select 'Service' as the Item Type.
Enter the Item Category to classify the service item.
Set the Price of the service item. For a more complex pricing structure using Price Levels and/or Categories, use the Price Matrix. Enter the Cost.
Go to the Setup Tab, and set the service item default Expense account, default Sales account, default Cost of Service Sold account, Universal Product Code (UPC), and the Decimal Precision (Price & Cost).
Default Expense Account: Select the default account used for expenses related to this service item.
Default Sales Account: Specify the account where sales revenue from this service item will be recorded.
Default Cost of Service Sold Account: Choose the account where costs related to services sold will be recorded.
Universal Product Code (UPC): Enter the UPC for the service item, if applicable.
Decimal Precision (Price & Cost): Set the number of decimal places for price and cost calculations.
Go to the Units of Measure (UoM) Tab and set the service item default Units of Measure Set (e.g., Hour, Minutes, Sessions) the default Sales Unit, and the default Purchase Unit.
To save the service item, click the Save/Sales and Close button.
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