 In this presentation, we will add items otherwise known as products and services within our accounting system. Get ready because here we go with zero. Here we are in our job costing company dashboard. In the prior presentation, what we did was add accounts. We added accounts. Let's take a quick look at the accounts that were added by going to the accounting dropdown and then going on down to our chart of accounts. So if we go on in to the chart of accounts, we added the accounts on, I'm going to say the expenses tab. Let's move on over to the expenses tab for our chart of accounts and basically cost a good sole type of accounts, which we included at direct costs. We included those accounts into the major categories being the direct materials, labor and overhead. And then we added more detail for the direct materials. We did so with a list on our Excel sheet. So on our Excel sheet, we added these items onto our list as basically accounts. We're going to take these same items here and add them as items or otherwise known as products and services. The products and services, these items are going to help us to drive this information to the proper accounts as we fill in the data input forms such as the invoices and the bills and the checks, the money in and the money out type of forms. So we have to use these. This is like a really key component to doing the job costing system. We'll set up what's called often termed as double-sided items. Note that some of this terminology is coming from basically a QuickBooks type of system because QuickBooks, when it comes to a software type of situation, a lot of people will use a QuickBooks type of terminology and some of it will basically pull over. So we'll use what's known as a double-sided or two-sided items as we enter this into the system and we'll use them in order to drive the data input forms for invoices and bills and things of that nature. So to do that, I'm going to hit the dropdown up top. We're going to then be going to adding the products and services. So we're going to go to the business dropdown and then go down to the products and services. Now again, some people will call these things items because that's what they were originally called and let's say QuickBooks and other software like Peach Tree or Sage or whatever. So now we've got, but now even QuickBooks online is also re-terming them to products and services although the name sometimes switches back and forth between items and products and services. So just be aware that you may hear these called items. You may hear them called products and services and this is what they are. This is where you go. So we're going to go to the products and services. We're going to be adding these products and services here. So we're going to add them one at a time and we're going to do the same process in essence. We're going to be adding them in accordance with this list. So we're going to start with the surface finishing. We're going to start with the finishing. So then we'll go on back on over here and we have the code, which I'm going to try to just put the full thing in the code, the surface finishing and the item name to keep them the same. And then we're going to say I purchased this item. So we're going to have both of these two items set up. And then we're going to do this that if you were to have just service items, then you would typically say this is, I sell this item so you could record the sales side of things. If you have inventory, then you'd have the purchase item checked off as well. And you may track that inventory through the system, which means you would check this last one off. For us, we're going to use kind of the double-sided items or the two-sided items, which means we need the purchase side checked off and the sales side checked off. That will allow us to use these items to help us populate both the billing information or the money going out type of information as well as the invoice type of information. So that's what we're going to use. So we're not going to be putting the price in as we go through this process. We're going to say the purchase account, the purchase account that we're going to be going to will be, and I'm going to use the same account as the surface finishing. So we set up the surface finishing for the cost of goods sold type of accounts. So we're looking for that surface finishing here. If I start to type it in there, I should be able to find it. Surface finishing. So that's the one we want, 512. And we're not going to have any tax. I'm not going to be adding any tax to it. And the description is going to be the same for the surface finishing. And if I tap through here, then we sell these items. Again, we're not going to put the price. This would be the sales price. We're going to add those when we enter the data input form such as the invoice or sales receipt here. The account that it needs to go to then is going to be some type of sales account. So I'm going to pick, I'm going to hit the drop down. I'm going to pick the sales account that they gave us when they set up the chart of accounts, which is going to be 400 simply called sales. So there we have it. That's going to be our two accounts that are affected on this transaction are double-sided basically transaction. I'm going to go down to the bottom. I'm going to say save. And I'm going to say save and add another because we're going to do a bunch of these. We're going to go through this in a similar process. So we'll get used to this function. So we're going to go back on over. Now we're going to do the plaster and the gypsum board. So let's go back on over and we're going to say plaster and gypsum board. We're going to say that's going to be the item name as well. And then the purchase account, we should have a plaster and gypsum board account. And that's going to be 512. So this is the account that we set up last time by the same name. And then we have the description is populating for us on the sales side. We just want the sales account. So that means that on the revenue side, you could see that we're putting all the revenue into the revenue accounts. So when we record the invoice, it'll be grouped under revenue. You could break out the revenue in a similar fashion, having different accounts as we did up here for different components of revenue. But oftentimes you want lesser of the revenue accounts and you may want more detail in the cost of goods sold type of accounts. We'll talk about that more as we start to process the information. You'll see this being constructed in the financial statements. So let's do this again. We're going to say save and another. We're going to say thank you. Can we have another and go back on over? And this is going to be the cement render. So we'll have the cement render and go back on over for the cement rendering. That's going to be the item code, the item name. And then we're going to say the accounts going to be the cement renter for 516. And then we're going to say the sales account is just going to simply be sales. So same process, same items here. And then I'm going to say save a new once again. So let's go save a new again and go back on over to Excel to pick up the next one back to Excel. Now we have the ceramic tile and the other tile and the mosaic stuff. And I'm going to minimize Excel and pull that on over. So that's going to be here. It might be a little long for the code. And then we got the item. We're going to say the purchase account is going to be the one that we set up. There it is. And then we're going to say that on this account, the selling account needs to be sales. So the sales item is going to be there. And there we have it. Let's do it again. Let's say let's see another one. Thank you. Can we have another? And then we'll go back on over and say they're like, yeah, we're going to have the dropped ceiling now. So we'll have the dropped ceiling. So we're going to copy that one, minimize the Excel and then go into the item with the dropped ceiling. We want to go into the account for the dropped ceiling. And then we're going to go down to the sales area and type in sales and pick up the sales account. Let's do it again. Save and another. So let's try it again. Now we're going to do the flooring. This is the wide plank flooring. So we're going to go back on over here, really pulls the room together. That's going to be the item, the item name, the account. I'm just, I'm just pasting this in there and then I'm picking up the account. So this isn't the same, right? We're picking up the account down here, the account by the same name. And then over here, we're going to say sales, sales. And that's it. That looks good. Let's do it again. Thank you. Can we have another and yep, there we go. Now we want the marble. So the marble and so we will pick up the marble and we'll paste that into the code into the name into the account because we're going to pick that 524 account we set up last time. Then we're going to, on the sales side, just pick the sales account that they gave us and that's going to be account number 400. Then we're going to do it again. We're going to say, can we have another, we got a few more to do here. Good times. Next is going to be the wall covering, which of course includes things like the wall paper. And so we have the wall covering item name, the purchase account for the wall covering is going to be 526. And then the sales account is going to be account 400. Account 400 or sales. There we have it. Let's do it again. We'll hit the drop rise up. Or the rise up because it kind of goes up and set it down. So it should be a rise up. And then we're going to say this is going to be the paint and wood stain paint and wood stain. We're going to put that in the item code, the item name and the purchase account. That's going to be account 528528 on the sales side of thing. Once again, it's just going to be that sales. It's kind of boring down here on this side. It's always the same. But then we're going to go to the drop down, which is actually dropping down this time instead of rising up. Save and add another. And then we're going to go to the staff. This is not staff. Remember this in the sense of employees, but staff as they say here, an artificial stone staff at some time. I would think it'd be a stick. I like a staff. It's supposed to be like a stick is twirl around, but both staff. So anyways, we got that. That's going to be the 530. And then the sales sales. There we have that. And let's continue this. We only got, we have a couple more here, save and another. So we're almost there. Next is the stucco. And then we could finish it up with the wood finishing. So we got the stucco here, stucco, the item name stucco, the purchase account stucco 532, 532 being the account number. And then the sales account being sales. Count number 400. And then let's do this one more time. We only get to do this one more time because that's the last one we have. And then we have to stop. This is a good time. So we have to stop at some point. Wood finishing. We're going to copy the wood finishing. We're going to go back on over and put that into the item code, the item name, the purchase account, which happens to be 534. And then in the sales account, we're going to pick account 400 as we have this whole time because that's the sales account. And then that's going to be at this time. Instead of saying save and can we have another, we're just going to say save, which means save and close. And there we have it. So there we have all of our information. I'll go through them slowly so that you can see the ones that we have put in there. Same process as we go in there. If you have any problems with them, you can, of course, adjust them by going back into them, opening them up by simply clicking on them in the blue area. The hyperlink will be, that'll give you the detail of it. And then you can go and edit the item and that'll take you back into that data input screen. So I'm going to close this back out and that's going to be our items. Remember that the items you can find them on the business dropdown, they're going to be the product and services items. We set them up as double-sided here, double-sided, meaning we're going to use the same items to help us to populate the expense side of things when we pay for this information with money going out as well as the invoices or sales receipt when the money comes in. That's going to be it for now. Let's get out of here.