Using Products and Services for Customer Invoices in Wave

0:00 Intro 1:13 Adding products & services 1:45 Setting up income accounts in the chart of accounts 3:08 Example 1 pre-filled price 6:53 Profit & Loss report 7:41 Example 2 blank price 9:42 Example 3 editing the description and price Note: Any products & services set up with the "sell this" box checked and connected to an income account will show up in the Sales & Payments products & services list. These products & services can be used on customer invoices. Any products & services set up with the "buy this" box checked and connected to an expense account will show up in the Purchases products & services list. These products & services can be used on vendor bills. Any products & services with both boxes checked can be used on both customer invoices and vendor bills. Disclaimer: This video is not intended to replace advice from your CPA or tax preparer.