If you're using Product Groups in Link My Books to separate different types of products you can also assign a Xero tracking option to each group to make it easier to analyse each product groups performance directly in Xero.
IMPORTANT: If you are selling a mixture of Standard, Zero and Reduced rated items for UK VAT then you will not be able to use this feature as product groups are being used already to allocate the correct tax rates to your products.
How to assign tracking options to product groups
Turn on Product Grouping via Settings > Settlement Settings > Transaction Grouping
Navigate to Inventory > Product Groups > Product Groups tab in Link My Books
Select Assign Tracking Code from the Action dropdown on the chosen product group
Select the Tracking Code you wish to apply to that group
Turn on Product Grouping via Settings > Settlement Settings > Transaction Grouping:
Navigate to Inventory > Product Groups > Product Groups tab in Link My Books and select Assign Tracking Code from the Action dropdown on the chosen product group:
Select the Tracking Code you wish to apply to that group:
How tracking options work with product groups
Once you have selected a tracking code for a product group, from then onwards settlements sent to Xero that contain transaction lines for that product group will have your chosen tracking option applied to them, like this:
When you run a Profit & Loss report in Xero you can then choose to compare tracking categories to see your product group revenue broken down like this:
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