Report Pricing

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Report Pricing

The following are the prices, costs and calculations shown on reports:

 

1.Inventory Cost: Average cost.  

 

2.Inventory Price: Price 1.  

 

3.Sales Price: Actual sales price.  

 

4.Sales Cost: Average inventory cost at the time of sale.

 

5.Receiving Costs:  Actual received costs.  

 

6.Purchase Order Price and Cost: are the actual cost and Price 1 costs as listed on the PO.

 

7.Discount: the difference between the selling price and the Suggested Retail inventory price.

 

8.Margin: (1 - Cost/Price).  Price is selling price for Sales Reports or Suggested Retail Price for Inventory margin calculations.