Setting Up COGS

Customer Support DEALPOS
[Updated]

We Have 4 calculation for COGS when Re- Stock that is Manual, Average, Last Order and FIFO. You can choose between these 4 calculations. Please follows this step below :

Step 1. Go to Setup Menu and Click the More Menu then choose Module

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Step 2. Choose BUY tab menu then you can set COGS Calculation

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COGS

Column Description
Manual Manual Calculation
Average

Average Calculation {( Last Price * Old qty + New Price * New qty ) / (Old qty + New qty)}

example: Last price item A $80*2(qty) =$160, and new price $90*2(qty)=$180. The COGS item A is $85

Last Order Last order price will be unit cost
FIFO COGS according to first order
Buy Expenses Price -
Buy Expenses Quantity -
Tax Calculated As COGS Tax is calculated as the principal amount of the Buy
Ignore Zero Cost Cost not updated when BUY with zero cost
Calculation per Outlet Use Cost different by outlet

 

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