Let’s say you are either a new customer or an existing one who has just created or imported a new product. When adding the product, you only entered the Unit Price (selling price) but did not fill in the Unit Cost (capital cost). If you then make a sales transaction before entering the unit cost, the system will record the cost as 0 on the sales invoice. As a result, the profit calculation on that invoice will be inaccurate because the cost is missing.
To fix this, DealPOS provides a tool called Update Unit Cost Range on DealPOS's Tools. This feature allows you to correct previous invoices where the product cost was recorded as 0. Once you update the unit cost in the product settings, you can run this tool to update the invoices so that the cost calculation and profit reporting reflect the correct values. Here is how:
From this:
To this:
I. Check and Update the Cost in Your Product First
Step 1. Go To Products, Click On The Variant That Have 0 Cost
Step 2. Click on Edit, To Change the Product Cost Manually
Click on the Lock Icon, then edit the Buying Cost with the correct cost, then Submit.
Step 3. Product Cost Updated
II. Update Cost Using Update Unit Cost Range
Step 1. Go To Tools.dealpos.app
Enter your DealPOS link name, and select your domain.
Then Login using your Username and Password.
Step 2. Go To Unit Cost Menu, then Select Update Unit Cost Range
Enter your password, select the date range, and then click Process.
Notes:
Zero Unit Cost if you want to renew all invoices that have a cost of 0 on the product and ALL if you want to renew all invoices.
Step 3. Unit Cost was Updated Successfully
Notes:
If you want to Update Cost in a Single Invoice you may check this article:
Update Single Unit Cost for Specific Customer Invoice.
Related Articles:
To assign invoice number all at once: Renumbering Invoice Number
To send bulk delivery: Send Bulk Delivery
To recalculate for supplier bill with update: Recalculate Supplier Bill and Tax
DealPOS is an online point-of-sale (POS) application specifically designed for retail businesses in categories like Fashion, Minimarkets, Electronics, Fresh Food, and Building Material Stores.
With DealPOS, you can manage both online and offline store inventory in real-time on a single platform. You can also sell through omnichannel (offline and online) as DealPOS integrates with marketplaces (Shopee, Tokopedia, TikTok Shop, Lazada) and instant web stores (Shopify and WooCommerce).