1. Go to Inventory > Product
  2. Click New Product button to create your product. You will see a checkbox 'I track this item for Inventory' under the Item Code field.
  3. Make sure you tick the checkbox 'I track this item for Inventory'. Automatically a field for Quantity in Hand will be enabled. Enter any figure in that field appropriately.
  4. Continue to fill in all the fields in new Product accordingly.
  5. Finally click Save to create this Product and track its inventory.


Caution

Items tracked for inventory cannot be deleted if there is any accounting transaction involving this item. It has become a Balance Sheet item and removing it will be detrimental to the Balance Sheet reporting.