Products are part of the underlying Salesforce platform. Products are the individual items that you sell. You can create a product and associate it with a price in a price book.
See the Salesforce Help for a description of the standard fields that make up a Product. The Certinia applications extend the standard Product object to include the following custom fields and related lists.
Product Detail
Multi-currency organizations only.
| Field | Description | ||
|---|---|---|---|
| Product Currency | * | M | The currency in which this product is sold. |
Accounting Information
Here is a description of the custom fields provided in the Certinia package. This section might have been customized by your administrator
One or more individuals in your organization who can configure and customize the application. Users assigned the System Administrator profile have administrator privileges.. It might not appear like this in your organization.
Key: V - Value Added Tax/Goods and Services Tax modes only; C - Combined Tax mode only; S – Sales and Use Tax mode only
| Field | Description | |
|---|---|---|
| Purchase Analysis Account | An appropriate purchase analysis general ledger account The general ledger will normally include general ledger accounts (GLAs) for items such as income, expenses, assets, liabilities, and reserves..
This cannot be the Retained Earnings account. This is used when you post a payable invoice A commercial document issued by a seller to a buyer, indicating the products, quantities and agreed prices for goods or services that have already been provided. You issue sales invoices and receive payable/purchase invoices. or payable credit note Document used to rectify errors made on an invoice which has already been processed and sent to a customer. Sometimes called a credit memo. You issue sales credit notes and receive payable/purchase credit notes. that includes this product. This field supports corporate and local GLAs. |
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| Input VAT/GST Code | V, C | Default tax code to use when entering this product on a payable invoice when the tax mode is "Value Added Tax", "GST" or "Combined". See About Tax for a description of when this tax code is used. |
| Sales Revenue Account | An appropriate sales revenue general ledger account The general ledger will normally include general ledger accounts (GLAs) for items such as income, expenses, assets, liabilities, and reserves..
This cannot be the Retained Earnings account. This is used when you post an invoice A commercial document issued by a seller to a buyer, indicating the products, quantities and agreed prices for goods or services that have already been provided. You issue sales invoices and receive payable/purchase invoices. or credit note Document used to rectify errors made on an invoice which has already been processed and sent to a customer. Sometimes called a credit memo. You issue sales credit notes and receive payable/purchase credit notes. that includes this product. This field supports corporate and local GLAs. |
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| Output VAT/GST Code | V, C | Default tax code to use when entering this product on a sales invoice when the tax mode is "Value Added Tax", "GST" or "Combined". See About Tax for a description of when this tax code is used. |
| Sales Tax Status | S | Tax status of this product. This custom picklist must remain fixed. Do not add or amend its values. The default is "Taxable". "None" is not a valid option here. If a product's tax status is "Taxable" , the tax codes defined on the account are used to derive the tax rate. The rate used is that in force on the invoice date. If the product's tax status is "Exempt", the tax codes defined on the account are used, but a tax rate of 0.000% is applied. If the product's tax status is "Exempt for Qualifying Accounts", the tax codes defined on the account are used for qualifying accounts (those with a sales tax status of "Exempt for Qualifying Products"), but a tax rate of 0.000% is applied. |
| External Tax Code | If your organization is configured to use an external system for tax calculation and product-specific tax calculation is required, you can map this product to a tax code in the external system by specifying the tax code here. If the product code exactly matches an item code in the external system and a tax code is associated with the item in the external system, that tax code will be used regardless of whether or not a value is entered here. If this field is left blank and there is no tax code associated with the corresponding item in the external system, then tax will be calculated based solely on company and account addresses. See Setting up External Tax Calculation for more information. | |
| VAT/GST Reverse Charge | V |
Default setting for calculating reverse charge on payable invoices and credit notes that include this product. Default is deselected. If selected, the corresponding Reverse Charge checkbox on the document product lines is also automatically selected, always when in Accounting Companies, the Enable Place of Supply Rules checkbox is selected for your company. See About Tax for more information. |
| VAT/GST Place of Supply Rules | V | Picklist with values of "With Account" (default) or "With Customer". |
Products in Use
| Field | Description |
|---|---|
| Allow Deletion of Products in Use |
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Schedules
| Field | Description |
|---|---|
| Income Schedule | Select an income schedule if this product or service is likely to be associated with it on a sales invoice. This sets the default value in the Income Schedule field on all sales invoice line items related to this product. See "Sales Invoice Fields" for more information. |