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Thursday, May 10, 2012

How to calculate the "Cost"?

Question:

If I go to: Report/Sales/Sales Profit, there is a column with title "Cost". How can I add the cost to the job?

Sales Profit















Answer:

The cost can only be calculated if you have inventory.

1. Please go to Inventory page. Under "Cost" category, you may set the Cost and the Unit Price (Selling Price) of your Inventory.
Inventory Cost and Unit Price




















2. Create your invoice and select this inventory to your invoice item. Save and generate your invoice. 
Calculate Cost of Invoice

















3. Now the cost will be calculated to the Sales Profit Report.
Calculate Cost in Sales Profit


 















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