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This topic describes the functionality available for this tab in case the Refer to Creating an Invoice. The Inventory and Services tab (Works and Work Costs) for specific functionality provided by the following options:

  • Enable Items of Work Type in Sales Documents

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  •  selected on the Administration > Settings > Sales form

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  • Enable the Phased Revenue Recognition functionality

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  • selected on the Administration > Settings > General Settings form

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This topic describes the functionality available for the Inventory and Services tab in case the abovementioned options are not used in your system. 

The Inventory and Expenses tab Services tab includes the list of inventory items and services that were sold to the customer.

If revenue from sale of specific items require recognition during multiple sequential months, you can create deferrals for such items. For items which are sets—a set includes other items as components and selling the set means selling its components according to the specification—you can specify their components by selecting the specifications.

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