|Stock Code||0.. or enter any code for your service stock item. It is important for you to plan the Stock Item codes, as to optimise this facility in TurboCASH.|
|Bar Code||Leave blank.|
Leave blank - if you are going to use this stock code for
If you have more than one service item, you may enter descriptions for each of these service items, e.g. labour, consulting fees, etc.
|Apply Invoice Discount||You may select this field to allow any discounts at the percentage Customer Discount as specified on the Edit - Accounts - Debtors (Accounting Information tab) for the selected debtor accounts. If this field is blank, no discounts will automatically be calculated for this stock item.|
|Stock Group 1 / Group 2||Select any available stock group if you have created stock groups in the Setup - System Parameters - Groups (Stock tab).|
|Unit size||Leave blank or select any unit e.g. hours, etc., which you wish to be displayed on your Invoices.|
|Latest Cost||Leave blank. This field should always be blank. If an amount is entered, a cost of sales amount will be calculated and a transaction would be generated.|
|Input Tax||Input VAT (if you are registered for VAT)|
|Output Tax||Output VAT (If you are registered for VAT)|
|Re-order Level||Leave blank|
|Selling Price: 1/2/3||Leave blank, if your fees will differ. If you have a fixed fee (e.g. per hour), enter your hourly rate.|
|Sales Account||Select the Sales Account|
|Cost of Sales||Select the Cost of Sales Account (only if you are also using physical Stock Items and the Use Cost of Sales field has been activated on the Setup - System Parameters - Stock Information menu option).|
|Stock Control||Select the Stock Control Account|
It is very important that the cost price is left blank. This is because when you create an invoice using this stock item, TurboCASH will automatically update your debtor, sales, output VAT, cost of sales and stock accounts. As this is not a physical stock item, you do not want the cost of sales and stock accounts to be updated with a value.