Basic Products

This is the simplest of product types supported in the system and the most common in terms of usage.

• Inventory is tracked by number of items of the product in stock and can be tracked by stock locations if the business maintains inventory in multiple stock locations or warehouses.
• This is commonly used in a variety of industries and will find applicability in most businesses (e.g. toys, cosmetics, software to name a few).
• If none of the product type checkboxes in "New Product" form are checked, then a Basic Product is created by default.