Skip to content
View in the app

A better way to browse. Learn more.
Loyverse Town

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

I don't understand how average cost

lizzel
lizzel
in Advanced Inventory

Featured Replies

I have a small shop where for example I sell coke and I have its cost as 1€ and sale price for 2.50€. I don't understand how advanced inventory will change this and I'm not sure if I want it to. The guide doesn't really make it clear for me. Could someone explain in an easy way please? 

 

Thanks. 

Hello! The Average cost will be calculated automatically when you receive items using the advanced inventory functionality.

The value of the item's average cost after receiving new items (NewCost) is calculated as:

image.png.a98ffd31c55606f985ca72c12449efde.png

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.

Please sign in to comment

You will be able to leave a comment after signing in

Sign In Now
Go to topic listing

Account

Navigation

Search

Search

Configure browser push notifications
Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.