# 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 <mark style="color:blue;">MoneyCollect dashboard</mark>.

**Create products**

1. Navigate to <mark style="color:purple;">`Products`</mark>page and click <mark style="color:purple;">`Add products`</mark>button.
2. Enter the <mark style="color:purple;">`Name`</mark> of your product.
3. (Optional) Add an <mark style="color:purple;">`Image`</mark>, <mark style="color:purple;">`Unit label`</mark> and <mark style="color:purple;">`Description`</mark> of your product.

![Add product information](https://3906929740-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyT5pndc80PGeNrMulEU%2Fuploads%2FcqtaYxogLskjiTXCskGo%2Ftempsnip.png?alt=media\&token=d89e70a8-cc17-44eb-a134-c2c85c449797)

**Create one price or multiple prices**&#x20;

1. Click<mark style="color:purple;">`+ Add another price`</mark>**.**
2. ![](https://3906929740-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyT5pndc80PGeNrMulEU%2Fuploads%2FeeXQbBv4eY8EFZq9infF%2Fimage.png?alt=media\&token=d77a52cb-9f10-47fc-bc61-bc51858bf11a)
3. Select <mark style="color:purple;">`Standard pricing`</mark> ， <mark style="color:purple;">`Package pricing`</mark> ， <mark style="color:blue;">`Graduated pricing`</mark> or <mark style="color:blue;">`Volume pricing`</mark> for pricing model.
4. Enter <mark style="color:purple;">`price amount`</mark>and select <mark style="color:purple;">`currency`</mark>.
5. Select <mark style="color:purple;">`Recurring`</mark> or <mark style="color:purple;">`One-time`</mark>.
6. For <mark style="color:purple;">`Recurring`</mark>：

&#x20;      Select <mark style="color:purple;">`daily`</mark>, <mark style="color:purple;">`monthly`</mark> or <mark style="color:purple;">`yearly`</mark> for the <mark style="color:purple;">`billing period`</mark>.&#x20;

&#x20;      (Optional) Add <mark style="color:purple;">`free trial`</mark> & <mark style="color:purple;">`price description`</mark>.

![](https://3906929740-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyT5pndc80PGeNrMulEU%2Fuploads%2FIWChuwTZz58fhC6SYWo6%2FV~NZIDG%5BZHDSL44_D%403~4%5DY.png?alt=media\&token=3bc4de69-b5f9-49f3-96f6-55a426e36e80)

&#x20;      For <mark style="color:purple;">`One-time`</mark>：

&#x20;     (Optional) Add  <mark style="color:purple;">`price description`</mark>.

![](https://3906929740-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyT5pndc80PGeNrMulEU%2Fuploads%2Fol8F2xSjU3rqAgcykK3R%2FWX%60%404TTA1R1%5BUATOMJ%5D_EBU.png?alt=media\&token=6c4746b0-79c1-4e10-a96b-f9f60a07aa02)

{% 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 " %} <mark style="color:blue;">`Coming soon`</mark>
{% endtab %}
{% endtabs %}

### Manage all products and their prices

Navigate to <mark style="color:purple;">`Products`</mark> page. You can view all products and prices from the list.

![Products page](https://3906929740-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyT5pndc80PGeNrMulEU%2Fuploads%2F3WnZ0mbZcyJId2W8xBFH%2F~%5D~5SJ%7BR65F%5D%7D~0SX\)3QU4B.png?alt=media\&token=80cfbf29-ec46-4a92-9dcf-810d142c58f5)

### Update products & prices

1.Navigate to <mark style="color:purple;">`Products`</mark>page and select one of products to <mark style="color:purple;">`Products details`</mark> page.

2.Click <mark style="color:purple;">`Edit`</mark>button on <mark style="color:purple;">`Products details`</mark> page.

![](https://3906929740-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyT5pndc80PGeNrMulEU%2Fuploads%2FKo6QLQcq0ypcYHLJ827X%2FFJKD38YG\)BA%40Q~538%5BQ4071.png?alt=media\&token=e6b4950e-7875-4314-ba9b-6f3caee6e74d)

### 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 <mark style="color:purple;">**archive**</mark> it.
{% endhint %}

#### Archive products

1.Navigate to <mark style="color:purple;">`Products`</mark>page and click the <mark style="color:purple;">`Available`</mark> tab.

2.Click<mark style="color:purple;">`...`</mark> and select <mark style="color:purple;">`Archive product`</mark>.

#### Unarchive products

1.Navigate to <mark style="color:purple;">`Products`</mark>page and click the <mark style="color:purple;">`Archive`</mark> tab.

2.Click<mark style="color:purple;">`...`</mark> and select <mark style="color:purple;">`Unarchive product`</mark>.

#### Delete products

If your products haven't been used in a transaction，you delete them directly. The deletion cannot be <mark style="background-color:red;">undone</mark>.

1. Navigate to <mark style="color:purple;">`Products`</mark>page.
2. Click<mark style="color:purple;">`...`</mark> and select <mark style="color:purple;">`Delete product`</mark>.