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From Jacopo Cappellato <jacopo.cappell...@hotwaxmedia.com>
Subject Re: unit cost and computing for product cost
Date Thu, 02 Oct 2008 07:19:24 GMT
You can manage it using the "Cost" tab in the Catalog>Edit Product  
You can manually enter a record or automatically generate one using  
the form at the bottom of the screen.
However, for products that are purchased, the algorithm is very  
simple: the purchase price of the "primary" supplier is taken from the  
SupplierProduct entity (you can edit that information using the  
"Suppliers" tab).
There is also a service that you can submit from Webtools to bulk  
create the Cost records (using the above algorithm) for all the  
Right now there is no support for the creation of cost information  
based on average in last purchases or similar. It would be a nice  
enhancement and we could enhance the form at the bottom of the Cost  
screen to let the user select the algorithm for cost creation (passing  
additional parameters such as: num of months to go back for the  
average etc...)


On Oct 2, 2008, at 7:20 AM, ian tabangay wrote:

> Hi. I was looking into product costing and is wondering where the  
> unit cost
> specified in the InventoryItem entity is placed in. The only time  
> the unit
> cost was used in the computation was when a product is of a  
> manufactured
> type. What I was looking for is a way to get the average cost of my
> products. These products were purchased from a supplier and are sold  
> as is.
> ~ ian

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