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Creating a Product

A product is anything you sell. Adding one to your product catalog gives it a SKU, a price, and a place in stock tracking. This article covers creating one and the two money fields people most often mix up.

You'll find New Product on the Products page.


The essentials

  • SKU — a unique code for the product within your workspace. Iraca suggests the next one in your existing sequence (e.g. DNG-003 if your catalog already has DNG-001 and DNG-002); change it if you have your own scheme. UPC/EAN barcodes stored as SKUs are ignored when generating the suggestion — enter those in the UPC / Barcode field instead.
  • Name — what the product is called.
  • Unit of measure — how you count it (unit, kg, liter, box).

SKU and name are required; everything else can be filled in now or later by editing the product.


Unit Cost vs. Unit Price

The product has two separate money fields, and the difference matters:

  • Unit Cost — what the product costs you to make or buy. Used for valuing your stock and understanding margin.
  • Unit Price — what you charge the customer. This is your selling price.

Set both if you can. They're independent — neither is calculated from the other — so a product can have a cost without a price, or a price without a cost, while you're still filling things in.

Both fields are optional. You can add or change them any time by editing the product.


Other details

  • Brand — the brand name that appears on labels (e.g. "Acme Foods"). Separate from the product name, so a single brand can cover many products.
  • Category / subcategory — for grouping and filtering your catalog.
  • Product type — finished good, raw ingredient, or both.
  • Image, weight, and dimensions — used on labels and to quote shipping rates.
  • Lot tracking — turn on if you need to trace this product by batch.

Packaging and raw materials are managed separately under Purchasing → Supplies, not as products.


Bin locations

On a product's detail page, the Stock Levels card shows one row per warehouse. Each row has a bin location field below the quantity stats — click it (or the pencil icon that appears on hover) to type in a shelf or bin code (e.g. A3-S2). Press Enter or click away to save. This is stored per product per warehouse so you can have different bin locations across warehouses.


Duplicating a product

To create a new product based on an existing one, click the Duplicate icon (two overlapping squares) in the product row on the Products page. Iraca copies all fields — name, unit, cost, type, dimensions, lot tracking — and appends " (Copy)" to the name. The SKU is left blank so you can assign a unique one. Stock levels are not copied.


This guide covers the Iraca app and its add-ons. The Iraca Marketplace is documented separately.