Adding an Inventory Item

An item record carries two prices at once — what you pay to acquire it and what you charge to sell it — and that split is what lets Redovix compute margin automatically instead of you calculating it by hand on every transaction.

Why quantity on hand starts at zero

A brand-new item has no stock, even after you save it here — creating the item and receiving stock into it are two separate actions by design. Quantity on hand only moves when a real transaction says so: up on a purchase receipt, down on a delivery note. This tutorial only covers the first half; the procurement tutorials cover getting real stock into this item.

That separation matters the first time you try to sell an item with nothing received against it yet — by default Redovix blocks a sale that would take stock negative, which is a deliberate guardrail, not a bug. It's controlled by the "Allow negative stock" preference covered in the company preferences tutorial.

Tips

• If you don't yet know your final sales price, save with a placeholder — both prices stay editable, and past documents keep whatever price was on them at the time.
• Service items with no physical stock (freight, consulting time) can use a zero cost price and skip the stock-tracking side entirely.
• The item name and price you set here become the default when the item is selected on a quote, order, or invoice line — always double-check for a one-off discount before saving the document.