Setup: Products
A product in Kleer is the basis for generating revenue, and every row on an invoice always contains a product.
Here we can set:
- Name: What the product is called.
- Type: What is being sold (Service, Digital service or Goods)
- Unit: Which unit is to appear on the invoice (for example Hour, Piece)
- Standard price: A price that is suggested when the product is chosen
- VAT for domestic sales: Which VAT rate is to be added on a sale
- Recurring revenue: Whether the revenue is recurring or not, for example licence sales
- Categories: Which categories are to be suggested when the product is used
- Integration key: âForeignIDâ in the API documentation. Can be used for external IDs
- Ledger account: Which account the revenue is to be booked against when the product is used
- Accruals basis of accounting: How revenue from the product is to be accrued if a period other than the current month is chosen on the invoice
- Can be used by subcontractors: Decides whether subcontractors can report time on activities linked to the product
- General ledger account self-billing invoice: Which cost account the self-billed invoice is to be booked against when it is created from a subcontractorâs time report