> For the complete documentation index, see [llms.txt](https://docs.p4.software/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.p4.software/english-1/advanced-setup/product-groups.md).

# Product Groups

P4 Books Cloud Accounting - Product Groups

Product Groups allow you to assign different general ledger accounts based on the type of product or service you are selling. This is useful when you want to understand your sales mix — for example, separating revenue from physical goods, services, and subscriptions into different accounts.

To create a Product Group:

1. Go to **Master Data** > **Sales** > **Product Groups**.
2. Click **New** to create a group.
3. Assign the appropriate revenue, cost, and inventory G/L accounts.
4. When creating or editing a product, select the Product Group so transactions post to the correct accounts.

{% hint style="info" %}
This is not required — it is an advanced feature. Please consult with your accounting team before configuring this functionality.
{% endhint %}

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**Related:** [Products](/english-1/master-data/products.md) · [Chart of Accounts](/english-1/quick-guide/chart-of-accounts.md)