- Go to Store & Forms / Catalog / Add New Product / Sales Information.
Your sales price! You have the option of allowing users to choose a sales price. If you wish to allow users to select their sales price, enter multiple prices separated by commas. An example would be for donations. Do not include dollar signs or spaces.
Allow Custom Price
Do you want to allow users to enter their own price?
Should we charge sales tax for the item? Sales tax will be added to the sales price. Sales tax is itemized on the receipt and in your financial reports.
The financial category affiliated with this SKU. It is IMPERATIVE that you be consistent in naming your categories. For example, if you label one category as MEMBERSHIP, use the same all caps format for all other membership SKUs. Otherwise, the columns in your report won't match up.
Payment Application Priority
If your organization allows partial payments on orders, you can select which SKUs have a higher priority for payments to be applied. See our Help Desk Solution: Prioritizing Payments for more details.
Is there a limited number of inventory for this product? If so, select yes. The default for managed inventory is 0. To add inventory go to the Catalog list and select the "adjust inventory" button in the "Inventory Managed" column associated with the SKU.