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To add new products click on Add new product button and provide the data about the product. The only mandatory field is Description. This is made with purpose, so that you can save products' data partially and come back and update them when you have more details available. The following table summarizes data about product:


FieldExplanation
DescriptionA human-friendly name that you use to describe a product or service
SKUStock Keeping Unit - identifier used for inventory
Unit Price (XXX)Price of a product/service unit in XXX currency. This price includes selected tax rate
Tax rateTax rate that applies to this product/service
ActiveWhether this product is actively used or archived


Alternatively, you can use importing from a CSV file to add many products at once. Follow this article for guidance