Apparatus, methods and computer program products for creating and modifying labels for use by pharmaceutical dispensing machines are provided. A pharmaceutical dispensing apparatus includes a touch screen, a processor, memory coupled to the processor, and a computer program residing in the memory that is executable by the processor for guiding a user through a process of designing a label via the touch screen. The computer program displays a label template adapted to receive a plurality of data fields inputted by a user therein, wherein each data field is adapted to receive and display respective data. The computer program includes a label wizard that guides a user through the process of designing a label within the label template.