Product Records Update

With our recent Invoicing Template Update, we felt that to maximise the ease of use of FastAccounts we also provided additional fields on the ‘Product Forms’. You can now setup a product record, in which you can assign a Sales Discount and Sales Tax rate. This will appear on the Sales Invoices when you select the product, you can override this discount at the time of recording your sales invoice. Similarly, you can now add a Purchase Discount, which will appear on the Supplier Bills.

To further enhance this experience, we also added Weight & Unit fields in which you can record such data. If you desire, this information is available to print on the Sales Invoices.

For those clients who are subject to the Third Schedule, they can record their Trade Price rate and Retail rate for the purposes of calculating the Retail Margin.

These fields are available for both Stock & Non-Stock Products and Services.