Input the cost price of your items to have a better view of the total value of your stock on hand. Follow these steps to learn how to add a cost to your item.
How to Add Costs
1. Add in the cost of the item under Custom cost. When a new cost for the item, simply update the same custom cost tab.
2. Past and present cost information is all calculated under AVG Cost. You may use this as a quick way to view the margin, markup and average cost the item is costing your business.
3. If you have delivery costs upon receiving a GRN, you may add in under “Forwarder Cost”.
4. In the GRN, click on the top white bar to toggle the extra information tab. This cost will be applied to all the avg costs of the items in that GRN.