{"id":13294,"date":"2018-04-02T06:51:00","date_gmt":"2018-04-02T06:51:00","guid":{"rendered":"https:\/\/kb.sambapos.com\/?p=13294"},"modified":"2018-04-06T08:46:41","modified_gmt":"2018-04-06T08:46:41","slug":"5-5-7-c-how-to-check-inventory-and-product-costs","status":"publish","type":"post","link":"https:\/\/kb.sambapos.com\/en\/5-5-7-c-how-to-check-inventory-and-product-costs\/","title":{"rendered":"5.5.7.c. How to Check Inventory and Product Costs?"},"content":{"rendered":"<p>In order to display inventory and product costs, go to <strong>Navigation &gt; Warehouses &gt; <\/strong>in here click on <strong>Display Cost<\/strong>\u00a0button.<\/p>\n<blockquote><p>Note: In the warehouses, it is possible to display only cost status of products and inventories after Start Work Period process. If desired to display cost of different working periods, go to <strong>Navigation &gt; Reports &gt; Cost Report.<\/strong><\/p><\/blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-13307 size-large\" src=\"https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/03\/5-5-7-b-How-to-Purchase-Item-Into-Inventory-01-2-1024x546.jpg\" alt=\"\" width=\"640\" height=\"341\" srcset=\"https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/03\/5-5-7-b-How-to-Purchase-Item-Into-Inventory-01-2-1024x546.jpg 1024w, https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/03\/5-5-7-b-How-to-Purchase-Item-Into-Inventory-01-2-300x160.jpg 300w, https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/03\/5-5-7-b-How-to-Purchase-Item-Into-Inventory-01-2-768x409.jpg 768w, https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/03\/5-5-7-b-How-to-Purchase-Item-Into-Inventory-01-2.jpg 1366w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><strong>1- Inventory Cost:<\/strong>\u00a0Calculated by dividing inventory purchase price total to inventory quantity total.<br \/>\n<strong>2- Product Cost:<\/strong>\u00a0Calculated by dividing inventory quantity which was used in recipes to inventory cost.<\/p>\n<blockquote><p><span style=\"color: #333333;\"><strong>Inventory:<\/strong>\u00a0Includes purchased products, semi-finished products, and raw materials. Proportion of current products to purchasing prices, determines the <strong>inventory cost.<\/strong>(For examaple; tomato, pepper, oil, bread, water)<br \/>\n<\/span><\/p>\n<p><span style=\"color: #333333;\"><strong>Product:<\/strong>\u00a0Ready for sale goods which were produced by using standard amounts of inventories. Proportion of used inventory amounts to purchasing prices, <strong>product cost.<\/strong><\/span><\/p><\/blockquote>\n<p>Cost column on the warehouses screen is the <strong>inventory cost.<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-13289 size-large\" src=\"https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/03\/5-5-7-b-How-to-Purchase-Item-Into-Inventory-02-1024x545.jpg\" alt=\"\" width=\"640\" height=\"341\" srcset=\"https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/03\/5-5-7-b-How-to-Purchase-Item-Into-Inventory-02-1024x545.jpg 1024w, https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/03\/5-5-7-b-How-to-Purchase-Item-Into-Inventory-02-300x160.jpg 300w, https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/03\/5-5-7-b-How-to-Purchase-Item-Into-Inventory-02-768x408.jpg 768w, https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/03\/5-5-7-b-How-to-Purchase-Item-Into-Inventory-02.jpg 1365w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><strong>3- Product Cost: <\/strong>The columns that viewed when clicked on Display Cost button are;<\/p>\n<ul>\n<li><strong>Product Name:<\/strong>\u00a0Products that are sold. (Must have production recipe)<\/li>\n<li><strong>Portion:<\/strong>\u00a0Portions of the sold products. (Must have production recipe)<\/li>\n<li><strong>Sale Amount (Quantity):<\/strong>\u00a0Sold product quantity.<\/li>\n<li><strong>Cost:<\/strong>\u00a0Product cost (Proportioning of inventory cost to quantity, must have recipe.)<\/li>\n<li><strong>Average Price: <\/strong>Average sales price of products.<\/li>\n<li><strong>Profit Rate:<\/strong>\u00a0Calculated by proportioning of inventory cost to product sales price average.<\/li>\n<\/ul>\n<blockquote><p>Hint;<\/p>\n<p><span style=\"color: #333333;\">Inventory amount makes changes for the sales, gift, void and lost transactions.<br \/>\nProfit rates makes changes for the sales, gift, void and lost transactions.<br \/>\nInventory cost makes changes for inventory purchases.<br \/>\nInventory cost doesn&#8217;t make change for sales, gift, void and lost transactions.<\/span><span style=\"color: #333399;\"><br \/>\n<\/span><\/p><\/blockquote>\n<p>The cost that viewed on display cost screen is the <strong>product cost.<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-13384 size-large\" src=\"https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/04\/5.5.7.c.-How-to-Check-Inventory-and-Product-Costs-03-1024x576.jpg\" alt=\"\" width=\"640\" height=\"360\" srcset=\"https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/04\/5.5.7.c.-How-to-Check-Inventory-and-Product-Costs-03-1024x576.jpg 1024w, https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/04\/5.5.7.c.-How-to-Check-Inventory-and-Product-Costs-03-300x169.jpg 300w, https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/04\/5.5.7.c.-How-to-Check-Inventory-and-Product-Costs-03-768x432.jpg 768w, https:\/\/kb.sambapos.com\/wp-content\/uploads\/2018\/04\/5.5.7.c.-How-to-Check-Inventory-and-Product-Costs-03.jpg 1366w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In order to display inventory and product costs, go to Navigation &gt; Warehouses &gt; in here click on Display Cost\u00a0button. Note: In the warehouses, it is possible to display only cost status of products and inventories after Start Work Period process. If desired to display cost of different working periods, go to Navigation &gt; Reports [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-13294","post","type-post","status-publish","format-standard","hentry","category-user-manual"],"_links":{"self":[{"href":"https:\/\/kb.sambapos.com\/en\/wp-json\/wp\/v2\/posts\/13294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kb.sambapos.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kb.sambapos.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kb.sambapos.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/kb.sambapos.com\/en\/wp-json\/wp\/v2\/comments?post=13294"}],"version-history":[{"count":7,"href":"https:\/\/kb.sambapos.com\/en\/wp-json\/wp\/v2\/posts\/13294\/revisions"}],"predecessor-version":[{"id":13536,"href":"https:\/\/kb.sambapos.com\/en\/wp-json\/wp\/v2\/posts\/13294\/revisions\/13536"}],"wp:attachment":[{"href":"https:\/\/kb.sambapos.com\/en\/wp-json\/wp\/v2\/media?parent=13294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kb.sambapos.com\/en\/wp-json\/wp\/v2\/categories?post=13294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kb.sambapos.com\/en\/wp-json\/wp\/v2\/tags?post=13294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}