> For the complete documentation index, see [llms.txt](https://docs.moneycollect.com/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.moneycollect.com/docs/business-operation/products-and-prices.md).
# Products & Prices
### What is a product？
Products describe what your business offers to your customers, whether that’s goods or services.
### What is a price？
Prices track how much and how often to charge of the specific product.
### Create products & prices
When you create products in MoneyCollect dashboard, you have to provide the name of your product. You can optionally add other attributes, like a description, image or unit label.
{% tabs %}
{% tab title="Dashboard" %}
The quickest and easiest way to get started with products and prices is to create them through the MoneyCollect dashboard.
**Create products**
1. Navigate to `Products`page and click `Add products`button.
2. Enter the `Name` of your product.
3. (Optional) Add an `Image`, `Unit label` and `Description` of your product.
**Create one price or multiple prices**
1. Click`+ Add another price`**.**
2. 
3. Select `Standard pricing` ， `Package pricing` ， `Graduated pricing` or `Volume pricing` for pricing model.
4. Enter `price amount`and select `currency`.
5. Select `Recurring` or `One-time`.
6. For `Recurring`：
Select `daily`, `monthly` or `yearly` for the `billing period`.
(Optional) Add `free trial` & `price description`.
For `One-time`：
(Optional) Add `price description`.
{% hint style="success" %}
Products can use **multiple prices** to define different pricing options. The product description is shared between prices and appears the same on the customer’s receipt and invoice—only the pricing differs.
{% endhint %}
{% endtab %}
{% tab title="Through the API " %} `Coming soon`
{% endtab %}
{% endtabs %}
### Manage all products and their prices
Navigate to `Products` page. You can view all products and prices from the list.
### Update products & prices
1.Navigate to `Products`page and select one of products to `Products details` page.
2.Click `Edit`button on `Products details` page.
### Delete products & prices
{% hint style="warning" %}
The products and their prices can't be deleted if they have been used in a transaction. If you’re no longer using this product, you can always **archive** it.
{% endhint %}
#### Archive products
1.Navigate to `Products`page and click the `Available` tab.
2.Click`...` and select `Archive product`.
#### Unarchive products
1.Navigate to `Products`page and click the `Archive` tab.
2.Click`...` and select `Unarchive product`.
#### Delete products
If your products haven't been used in a transaction，you delete them directly. The deletion cannot be undone.
1. Navigate to `Products`page.
2. Click`...` and select `Delete product`.