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Hello, I have a problem with my system, I make a sale of approximately 11 thousand Argentine pesos, I go to daily earnings and it tells me that I only earn negative -2878.22, it cannot be, they would not be giving me the numbers.
Attached photos:
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Another error I found, if the total is 2569.50 and the person pays 2750, why is the balance negative? It should be positive, it is money left in my favor.
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Hello,
The report is calculated as products' revenue - products' cost
and the cost calculation depends on your inventory accounting method in system settings.
Negative balance for sales means that the customer has paid more than he needs to be, so you owe him that amount.
Thank you
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Which of the 3 methods should I use to calculate profits with the cost of the product that appears in the list of products and what the customer pays for the same list of products? AVCO?
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Hello,
AVCO uses avg cost. Please refer to docs to know more about inventory accounting methods.
Thank you
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The cost of the product is $837 and the final value is $1210, the profit should be $373, but nevertheless, in today profit it indicates $401, that happens to me with all the products, I need you to calculate the profit based on the real cost of the product list of products and what the customer pays. Attached images.
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I tried the three costing methods, but they all give me the same profit and none of them suits my needs, as I understand it after reading the document, Could you make that change in the program?
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Hello,
No method use the cost from products table. Once you changed the method, it will only have effect on future sales.
Thank you
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I understand that profits are the difference between the cost (what the product is worth to the seller) and the final cost (what the final customer pays), so there is no way for today profit to show that? instead of other more complex mathematical calculations?
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Could anyone explain this function to me? I don't understand how to use it
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