How to add custom Picklist values?

Please follow the below steps to add custom values to any picklist field:

1. Log in to the CRM.
2. Go to Settings.
3. Look for Picklist Field Values under the Configuration tab.
4. Select desired module. For example, Products.
5. Select the Picklist Field. For example, Product Category.
6. Click +Add Value.
7. Enter the Item value name.
8. Select the roles who can assign this value in the record.
9. Select the value color.
10. Click Save.