The Products and Services catalog allows you to easily manage the products you sell regularly.
When associated with the purchases add-on and inventory management add-on. It is a powerful tool, allowing you to have complete control of your margins and your available products.
A product is a material good for sale. It is characterized by a number of information such as:
A service is an intangible good, provided by you or a third-party.
The information is the same for a service as for a product, apart from the possibility of adding an hourly cost (related to the time tracking add-on for margins calculation), based on the time spent on the service by your employees.