Products are the foundation of every sale and purchase in Odoo. This guide shows how to create a new product and set its type, price, and VAT.
Path: Sales ← Products ← Products ← New
- Open the Sales app, go to Products ← Products, and click New.
- Type the Product Name in the top field.
- Under the General Information tab, set the Product Type: Service for non-stockable services, Storable Product for goods tracked in inventory, or Consumable for untracked goods.
- Enter the Sales Price.
- In Customer Taxes select VAT 15%, noting the difference between tax-exclusive and tax-inclusive.
- Set the Unit of Measure and purchase unit.
- In multi-company setups, set the Company field or leave it blank to share it.
- In the Accounting tab, link the correct income accounts if needed.
- Click the Save (cloud) icon.