Products

Moment allows you to invoice products as well as hours and fixed prices on certain project tasks. In this section we will show you how to make the best out of this module and provide some examples.

To create a new product, click the button "new product". A new window will appear in which you can setup the new product. Here we provide an explanation of the settings:

Product number
Product name
Applies for period
Cost price
Selling price
Discount
Description
Group
Accounting department
Accounting project
Bookkeeping account (domestic)
Bookkeping account (foreign)
Product number

Here you can provide a product number. This is not given to the program by the default.

Product name

This is the name of the product

Applies for period

The period covered by this product

Cost price

This is the cost price for the product

Selling price

Selling price of the product

Discount

Here you can provide a discount for the specific product. This can also be changed on the invoice or the customer

Description

Here you can provide a description for the product. This description is internal.

Group

You can define product groups in moment by clicking the button "groups".

These groups are then available in the product settings and can be assigned to each product.

Accounting department

In here you can define an accounting department for the specific product. Accounting departments can be defined in setup > accounting > accounting departments

Accounting project

Here you can add accounting projects. These are defined under setup > accounting

Bookkeeping account (domestic)

Here you can define the corresponding bookkeeping domestic accounts for the products.

Bookkeping account (foreign)

Here you can define the corresponding bookkeeping foreign accounts for the products.

Invoicing with products

In the next section we will provide an example showing how you can invoice with products.

Let's say that as part of a project you need to rent a room for your customers. Lets say a showroom to display how a new apartment complex will look like when finished.

First you would have to create a product. Then go to a project, go to "product sales", click "new product sales", add the product, and then set it to approved. You can then go to "approval" and send the invoice from there.

Updating projects with Excel files

Just like you can update hourly rates in Moment, you can also update products with Excel. First you need to click the gear icon on the top right corner. Afterwards download an Excel template of your products list. Apply the changes and then reupload the file. See the gif below for an example