Inventory items and services

Items are the goods that your business may buy, sell, hire, lease or otherwise trade. An item can be:

• a stock item—an item that you buy or sell which is measured in quantities, such as a hammer or box of nails
• a service item—an item that you buy or sell which is measured in hours, such as a $50 service fee

Although MYOB can't yet manage your inventory stock levels (this feature will be available later in 2022), setting up items makes it quicker to include what you're buying and selling on your bills and invoices.

You can create items before entering transactions, or you can create items on-the-fly when entering an invoice and entering a bill.

Do you have lots of items to create? Speed things up by importing them.

The Items page

Everything item-related happens on the Items page. You can open this page by going to either the Sales or Purchases menu and choosing Items.

On the Items page, you can view, create, edit, delete and deactivate items.