There are circumstances where you may need to create products that don't have an inventory value e.g. Service Fee, Lay-by Termination Fee etc.
Retail Express tracks inventory for all products, however, it's possible to create a non-inventory product in a way that you can exclude it from your reporting etc.
Create a Non-Inventory Product
To create a non-inventory product:
- Create a Product Type e.g. Services, or Fees (this will be used to exclude the product from your reports)
- Create a Supplier using your business name e.g. your business name
- Create a product for each service e.g. Lay-by Termination Fee
- Ensure each product has a cost (your costs) and sell price (the amount charged to the customer)
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Exclude the product from Reporting
To exclude non-inventory products from reporting, you will just need to highlight all Product Types and Suppliers, then unselect the Supplier and Product Type for your non-inventory products. For example on the Stock Value vs Sales Report
Tip: Hold the Ctrl button to unselect just one.
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