In Itefy, an item is typically a fixed asset, like a piece of equipment, but it can also be other types of assets, like a building, software license or inventory.
Usually, you’ll choose ‘Fixed asset’, and that’s what we’ll choose in this course.
If you purchase consumables in bulk, and you need to monitor quantities on hand, choose Inventory. Inventory can be things like batteries, ink cartridges, windows or drill bits. We delve into Managing your inventory in Course 16. [hyperlink]
Let’s create a new item:
Click ‘New item’ on the dashboard or select ‘New item’ under the Items dropdown on the sidebar.
Select Fixed asset (equipment, tools etc.) as your Item type
