Products & Services
This section covers products and services in Fiskl — reusable templates for invoice and quote line items. Set them up once with your standard pricing, descriptions, and tax rates, then add them to invoices and quotes in a single step.
Why Use Products and Services​
Entering item details manually on every invoice or quote takes time and introduces inconsistencies. A products and services catalog gives you a single place to define your standard offerings. When you add an item to an invoice or quote, the name, price, tax rate, and description populate automatically.
You can adjust the quantity, price, or description for a specific transaction without affecting the original template. Your team always has access to the most up-to-date catalog, so everyone invoices and quotes from the same set of items.
You can also create a line item directly whilst building a quote or invoice if you need something that isn't in your catalog yet.
Products vs Services​
| Aspect | Products | Services |
|---|---|---|
| Nature | Tangible items | Intangible offerings |
| Examples | Software licenses, equipment | Consulting, repairs, training |
| Common units | each, box, unit | hour, session, project |
| Ledger account | Sales of Products | Sales of Services |
The distinction helps with financial reporting and revenue categorisation. Both function identically in Fiskl.
Key Concepts​
- Catalog: Your full list of saved products and services
- Line item: A product or service added to a specific invoice or quote, with quantity and pricing for that transaction
- Unit: The pricing measurement for the item, such as each, hour, or session
- Ledger account: The accounting category used to record revenue from the item
- Template placeholders: Dynamic fields in a product or service description used for recurring invoices, such as client name or billing period
In This Section​
Related Topics​
- Creating Invoices — Add products and services to invoices
- Tax Settings — Configure the tax rates applied to your catalog items
- Chart of Accounts — Set up the ledger accounts assigned to products and services