How to Add a Tracked Inventory Item in Xero
- George Apostolov
How to Add a Tracked Inventory Item in Xero: step-by-step guide
On Xero's main dashboard, head over to the top menu bar and click 'Business'.
Select 'Product and Services' from the list of options.
After that, click 'New Item' at the top-right corner.
Come up with a unique item code and name. Enter them into their respective input fields.
Subsequently, tick the checkbox beside the 'Track Inventory Item' option.
Tap the 'Inventory Asset Account' menu and select one from the given choices.
Following that, provide other purchase and sell information related to the item you wish to create.
Once done, review your input and click 'Save' to proceed.
After completing these steps, a new tracked inventory item will be added to your Xero account.
Quick answer: To add a tracked inventory item in Xero, navigate to Business, select Product and Services, and click New Item. Enter a unique item code and name, check Track Inventory Item, select an inventory asset account, and provide purchase and sell information. Finally, review your input and click Save.
About this Xero tutorial
Add and manage tracked inventory items in Xero by setting up product codes, asset accounts, and purchase details efficiently. This guide shows how to add a Tracked Inventory Item in Xero in 9 steps, starting with "On Xero's main dashboard, head over to the top menu bar and click 'Business'" and finishing with "After completing these steps, a new tracked inventory item will be added to your Xero a...". The interactive demo above is a click-through copy of the real Xero interface, so you can rehearse each step before doing it in your own account.
Frequently asked questions
How many steps does it take to add a Tracked Inventory Item in Xero?
9 steps. Each one is listed in order above, and the demo highlights exactly where to click.
Can I try it without changing my own account?
Yes. Clicking through the demo doesn't touch your Xero data or settings. Once you know the flow, repeat it in your own workspace.
This tutorial is filed under Xero. Related guides: How to Add a User in Xero, How to Add an Account in Xero and How to Add an Accountant in Xero. Last reviewed 05 Oct 2026.
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