Inventory–Default setting when TrackQtyOnHand, InvStartDate, and AssetAccountRef are specified. Used for goods the company sells and buys that are tracked as inventory.
Service–Default setting when TrackQtyOnHand, InvStartDate, and AssetAccountRef are not specified. Used for non-tangible goods the company sells and buys that are not tracked as inventory. For example, specialized labor, consulting hours, and professional fees.
Inventory–Used for goods the company sells and buys that are tracked as inventory.
Service–Used for non-tangible goods the company sells and buys that are not tracked as inventory. For example, specialized labor, consulting hours, and professional fees.
NonInventory–Used for goods the company sells and buys that are not tracked as inventory. For example, office supplies or goods bought on behalf of the customer. When querying Item objects with minor versions earlier than 4 specified, NonInventory types are returned as type Service. For French locales, Type is tied with ItemCategoryType: if ItemCategoryType is set to Service, then Type is set to Service; if ItemCategoryType is Product, then Type is set to NonInventory.
