Creating a Non-Stock Item

Non-stock items may be products that consist of no physical entity and thus cannot be stocked in warehouses (as with labor, services, or charges) or physical entities for which you do not need to track quantities in a warehouse because very small quantities are required. Many stores sell items that cannot be found on their shelves (for instance, product warranties) or services (such as product assembly, installation, and customization).

In this chapter, you will learn how to create a non-stock item, specify the unit cost for the item, and review the related forms where you can find the item's cost.