Check out this comprehensive tour on calculating and tracking item cost in Sellercloud’s Alpha interface.
Check out this comprehensive tour on calculating and tracking item cost in Sellercloud’s Alpha interface.
You can configure an item’s cost to calculate profit and loss (P&L) on an order with one of these options in the Client Settings’ Order Profit & Loss Calculated Using setting:
Dropship POs will update the order’s item cost to the vendor’s price on the PO, even though the PO is created after the order.
Dropshipped POs that are set to not count inventory either at the PO or Vendor level (setting on Dropship Preferences on vendor toolbox Default = True) will not create an inventory movement or average cost movement record. This means they will not be factored into average cost.
PO shipping and third-party costs can be averaged into an item’s cost to give an accurate P&L report.
Example: If a product costs $50.00 and shipping costs $5.00, average cost on the product’s Purchasing page (Product > Toolbox > Purchasing) will be $55.00. If you ordered 2 units with a total PO shipping cost of $5.00, average cost will be divided between the units ordered, producing an average cost of $52.50.
To use this feature, select Consider PO Extra Costs when Calculating Product Costs in the Client Settings.