Before you can enter your purchases for items which you would like to sell, you first have to create invetory items.
1. Click on Inventory
2. Item List
3. New
4. Type in the Product Code
5. Type in the Product Description
6. If you are buying, keeping stock of the item, and then selling it, check all three boxes:
7. Cost accounts start with 5, Income accounts Start with 4, and The invetory account which is an asset account is usually 1-1300
8. To set your item price, you can click on the third tab, labeled "Selling Details"
9. Click OK to save