Billing process

Product and service catalog

Definition

A product and service catalog is a saved list of the items a business sells, each with a standard description, unit price, and tax treatment, used to add line items to invoices and estimates quickly and consistently. Catalogs reduce typing errors and keep pricing uniform across documents and team members.

Also called: Item catalog, Price list, Saved items

Product and service catalog in practice

Keep catalog descriptions written for the client, not for internal use, since they appear on the invoice. Review prices periodically and update the catalog rather than editing individual invoices.

Frequently Asked Questions

Do freelancers need a product catalog?

If you bill the same services repeatedly, yes. Even five saved items such as "Hourly consulting", "Logo design package", and "Rush fee" save time and keep invoices consistent.

Related terms

Invoice Website

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