Knowledgebase

Where to input Product Cost

To input the Product Cost for individual product,

1. Go to Products > Products
2. Click the Data tab

To see the full view of the Product Cost,

1. Click on Expand

Descriptions :

1. Averaging Product Cost
   • Determine whether you want to take an average of your product cost when different cost incurred for different batches taken for restock
2. Restock Quantity
   • Enter the restock quantity
3. Cost
   • Enter the cost of the product (for 1 unit)
4. Cost [%] (Percentage from Sale Price)
   • Enter the percentage of selling price that is actually used to cover other miscellaneous or indirect cost (overhead cost)
5. Additional Cost
   • Enter additional cost that incurred to the product, such as supplier shipping cost
6. New Product Cost / Restock Product Cost
   • Display the product cost for the current batch
7. Save
   • Click this to save and continue
8. Back
   • Click this to exit

Usages :

1. To keep track on individual product costing and also profit margin for the product
2. To be used in reports, such as Advanced Orders+Profit Report

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