Inventory items and services

Items are all goods and services that your business may buy, sell, hire, lease or otherwise offer for payment. Items include services that your business wants to include on invoices, such as shipping or handling.

Although MYOB Essentials <product name?> can't manage your inventory stock levels <can MYOB X do this, i.e. manage inventory like AR?> you can still set up items to include in your sales and purchases.

You can set up two different types of items:

• Stock items—items that you buy and/or sell, and which are measured in quantities.
• Service items—items that you sell, and which are measured in hours.

Before you can create invoices to send to your customers, or record purchases, you should enter the details of your individual items and services. If you already have your items in another program, you can import them into MYOB Essentials.<can this be done in MYOB X?>

Or, you can add items or services as you’re creating invoices or purchases. For more information see To create an invoice and To create a bill.

The Items page

Everything item-related is done on the Items page. You can open this page by going to either the Sales or Purchases menu <is this possible in MYOB X?> and choosing Items.

On the Items page, you can view, create, edit and delete items (and make them inactive).

For more information, see the Related topics on the right.