Aldin Posted January 8, 2023 Share Posted January 8, 2023 Hi, We are still in the process of testing out loyverse for our store. I have a somewhat generic question that will apply to all POS systems but Loyverse might have a workaround to this. How can we accurately track sales and profits when, for example, I still have 5 pcs left on an item with an old cost and price then I have a new stock with new cost amount and selling price? Thank you in advance for your ideas and suggestions. Regards. Link to comment Share on other sites More sharing options...
Solution Georg Posted January 12, 2023 Solution Share Posted January 12, 2023 Hello The cost of the item will be updated when you will receive a new stock of this item from a supplier. The value of the item's average cost after receiving new items (NewCost) will be calculated by this formula: StockBefore - stock before receiving new items StockAdded - quantity of received new items CostBefore - cost before receiving new items CostOfAdded - cost of received new items This value of the cost will be used in all the reports and calculations of all other values. But, it is not possible to track old stock/old price/old cost and the new stock/new price/new cost separately. Link to comment Share on other sites More sharing options...
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