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Product Cost Prices

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Mish101
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Sage Version: v2016 22 UK/Europe/Africa

Product Cost Prices

Post by Mish101 » 20 Apr 2016, 15:12

Hi, I'm a new Sage user & my query is:
If you purchase an item an one price, create a customer invoice, look into the 'Profit Analysis' the cost price is correct.
Now I can purchase the item cheaper for another customer, I've updated the product price, but I don't want it to alter the profit margin on the first invoice, is there a way to do this?
Thanks

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brucedenney
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Re: Product Cost Prices

Post by brucedenney » 21 Apr 2016, 09:21

There are multiple ways of looking at cost prices, in the stock module there is a GO transaction and this has the Actual cost price of that item in a FIFO basis.

It sounds like you are looking at a report that is using the last cost price or average cost price, you just need to write/fined/use a different report, the data is there, just more complicated / difficult to access some bits than others.
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Mish101
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Posts: 2
Joined: 20 Apr 2016, 14:34
Sage Version: v2016 22 UK/Europe/Africa

Re: Product Cost Prices

Post by Mish101 » 21 Apr 2016, 09:35

Thanks Bruce, ill give it a go.

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