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Create a product and link to a price list

How an Admin access level user can create a product and link it to a price list?

Published 3 November 2025

In PSOhub, Admin access level users can create products and link them to a specific price list. This ensures consistent pricing across quotes and projects, and makes it easier for your team to apply the correct rates.

Key Benefits

  • Standardize product pricing across your organization.

  • Automatically apply predefined prices in quotes and projects.

  • Reduce manual entry and errors.

  • Support multiple currencies and business units.

Create a product 

Once a price list has been created, the next step is to populate it with products. This ensures that your quotes and projects use consistent pricing and product information.

If the price list is already open, click the Add product button; otherwise, in the Price List settings, select a price list and click Add product.
 The price list screen and clicking on the Add product button

The following window appears. Refer to the table below for an explanation of the required or optional fields:
The Edit product window

Field Description
Price List The named price list to which the created products will be linked. This is selected by default. You can click on the drop-down list to select a different price list.
Name Enter a product name. In this Professional Training Courses example, we can use Leadership Skills.
SKU An SKU (Stock Keeping Unit) is a unique identifier used to distinguish each product in your price list. It helps you track, organize, and manage products efficiently — especially when you have many similar items.
Description Additional information about what the product includes.
URL Link a product to an external web page or internal documentation.
Category

Group similar products within PSOhub. Categorizing your products helps you organize your price lists. For example:

  • Service type - Training
  • Billing model - Fixed Fee, T&M
  • Department or business unit - Marketing, Learning & Development, R&D, Support.

If product categories have not been created, go to the Product Categories settings.

Billing Frequency

Defines how often a product is billed to the customer. Selecting the correct billing frequency ensures accurate invoicing and helps automate recurring charges in your contracts and projects.

PSOhub supports several billing frequency options:

  • One-Time
    Used for products that are billed only once — for example, a setup fee or a single training session.

  • Monthly
    Used for products that are billed every month, such as monthly subscriptions, retainers, or ongoing support services.

  • Quarterly
    Used when billing occurs every three months, typically for maintenance or consulting agreements billed per quarter.

  • Yearly
    Used for annual subscriptions or fixed-fee contracts billed once per year.

  • Usage-Based
    Used for products where billing depends on actual usage — for example, hours worked, licenses consumed, or API calls. The final amount is calculated based on the quantity recorded during the billing period.

Price per unit

The cost of one unit of a product. This value is used in quotes and projects to automatically calculate totals based on the quantity entered.

Cost per unit

The internal cost your organization incurs for delivering one unit of a product. This is typically different from the Price per Unit, which is what you charge the customer.

Tracking the cost per unit helps you monitor profitability, margins, and project performance within PSOhub.

Margin

The profit your organization earns on a product after subtracting its cost. It helps you measure the financial performance of your projects, products, and business units in PSOhub.

Margin = Price per Unit – Cost per Unit

Margin % per unit

The profit percentage earned on each unit of a product. It helps you understand how much of your selling price represents profit after costs are deducted.

Margin % per Unit = ((Price per Unit – Cost per Unit) ÷ Price per Unit) × 100

Vendor

Identify the external supplier or provider associated with a product. This is especially useful when your organization resells third-party products, outsources work, or tracks costs linked to external vendors.

Source

Identifies where a product originates from or how it was acquired. By default, it shows PSOhub and is locked.

Click Save.

The product will appear under the price list. The number of products linked to the price list is shown at the top of the list: 
The example Professional Training Courses price list

To add additional products to the same price list, click the Add product button, and repeat the steps above.

To add new products to existing product price lists, go to the Price List settings:
The price list settings

Select an existing price list by clicking on the name.

Note: When multiple price lists are available, you can use the column filters to search for specific products.
The Professional Training Courses Price List

Related articles

Create a Product Category
Create a Price List