103 lines
5.8 KiB
HTML
103 lines
5.8 KiB
HTML
|
|
<!doctype HTML public "-//W3C//DTD HTML 4.0 Frameset//EN">
|
|
<html>
|
|
<head>
|
|
<meta http-equiv="Content-Type" content="text/html; charset=windows-1252">
|
|
|
|
<meta name="generator" content="Adobe RoboHelp 2019">
|
|
<title>About the Average Unit Cost</title>
|
|
<link rel="StyleSheet" href="../qbpos.css" type="text/css">
|
|
<style type="text/css">
|
|
/* FORCE ALL FONTS TO 12PT */
|
|
* { font-size: 12pt !important; }
|
|
body, p, li, ol, ul, div, span, td, th, h1, h2, h3, h4, h5, h6 { font-size: 12pt !important; }
|
|
</style>
|
|
|
|
|
|
<style title="hcp" type="text/css">
|
|
<!--
|
|
span.hcp1 { color:#c0c0c0; }
|
|
font.hcp2 { font-weight:bold; }
|
|
tr.hcp3 { vertical-align:top; }
|
|
td.hcp4 { padding-left:1px;
|
|
padding-top:1px;
|
|
padding-right:1px;
|
|
padding-bottom:1px; }
|
|
font.hcp5 { text-decoration:underline; }
|
|
font.hcp6 { font-family:Symbol;
|
|
text-decoration:underline; }
|
|
-->
|
|
</style>
|
|
</head>
|
|
<body>
|
|
<script type="text/javascript" src="../ehlpdhtm.js" language="JavaScript1.2"></script>
|
|
|
|
|
|
|
|
<p class="Help-Heading-1" style="background-color: #008000;">About the Average Unit Cost</p>
|
|
<p class="Help-Main-Topic-Links"><a href="inven_ordercost.htm">About Order Cost</a> <span class="hcp1">|</span> <a href="inven410.htm">Enter/Edit Costs</a> <span class="hcp1">|</span> <a href="inven_pricecostrelationship.htm">Price/Cost Relationship</a></p>
|
|
<div style="float: none;">
|
|
<p style="text-align: right; font-family: Arial, sans-serif; color: #800000;"><span>Basic</span> </p>
|
|
</div>
|
|
<p class="Help-Note"><span style="font-weight: bold;">Note</span>: The ability to see cost fields, including margin and markup and other fields related to cost, can be controlled by <a href="../qbpos_secadmin/secadminoverview.htm">security rights</a>. If you do not have the right to view item costs, the fields will be masked like this "*****". This right affects cost fields in inventory and on all documents and reports.</p>
|
|
<p class="Help-Text"> </p>
|
|
<p class="Help-Text">The <font class="hcp2">Avg Unit Cost</font> field in inventory reflects the average cost you have paid for the current on-hand quantity of an item.</p>
|
|
<p class="Help-Text"> </p>
|
|
<p class="Help-Text" style="text-align: center;"><img src="../image/inven_cost.gif" alt="image\inven_cost.gif" title="image\inven_cost.gif" width="241" height="59" border="0"></p>
|
|
<p class="Help-Text"> </p>
|
|
<p class="Help-Text">Point of Sale recalculates the average unit cost each time you <a href="../qbpos_receiving/vouch751.htm">receive</a> additional quantities of the item at a different cost by proportionally averaging the old cost and the new cost. Receiving vouchers update your Point of Sale inventory and, if applicable, your QuickBooks financial software inventory value with item cost changes.</p>
|
|
<p class="Help-Text">For example, if you have five shirts on hand with an average cost of $10 and you receive 10 more shirts costing $12 each, the new average unit cost is calculated as follows:</p>
|
|
<p class="Help-Text" style="margin-top: 0; margin-bottom: 0;"> </p>
|
|
<table cellspacing="0" width="354">
|
|
<tr class="hcp3">
|
|
<td style="width:100.00%;" class="hcp4">
|
|
<p class="Help-Text" style="text-align: center;"><font class="hcp5">(On Hand Qty</font> <font face="Symbol" class="hcp6"></font> <font class="hcp5">Current Cost) + (Rcvd Qty</font> <font face="Symbol" class="hcp6"></font> <font class="hcp5">Purchase Cost)</font></p>
|
|
</td>
|
|
</tr>
|
|
<tr class="hcp3">
|
|
<td style="width:100.00%;" class="hcp4">
|
|
<p class="Help-Text" style="margin-top: 0.00pt; text-align: center;">On-Hand Qty + Rcvd Qty</p>
|
|
</td>
|
|
</tr>
|
|
</table>
|
|
<p class="Help-Text">Or, using the example above:</p>
|
|
<table cellspacing="0" width="429">
|
|
<col style="width: 29.372%;">
|
|
<col style="width: 5.594%;">
|
|
<col style="width: 11.188%;">
|
|
<col style="width: 5.594%;">
|
|
<col style="width: 48.253%;">
|
|
<tr class="hcp3">
|
|
<td style="width:29.372%;" class="hcp4">
|
|
<p class="Help-Text" style="text-align: center;"><font class="hcp5">(5</font> <font face="Symbol" class="hcp6"></font> <font class="hcp5">10) + (10</font> <font face="Symbol" class="hcp6"></font> <font class="hcp5">12)</font></p>
|
|
<p class="Help-Text" style="margin-top: 0.00pt; text-align: center;">5 + 10</p>
|
|
</td>
|
|
<td style="width:5.594%;" class="hcp4">
|
|
<p class="Help-Text" style="text-align: center;"><font class="hcp2">=</font></p>
|
|
</td>
|
|
<td style="width:11.188%;" class="hcp4">
|
|
<p class="Help-Text" style="text-align: center;"><font class="hcp5">170</font></p>
|
|
<p class="Help-Text" style="margin-top: 0.00pt; text-align: center;">15</p>
|
|
</td>
|
|
<td style="width:5.594%;" class="hcp4">
|
|
<p class="Help-Text"><font class="hcp2">=</font></p>
|
|
</td>
|
|
<td style="width:48.253%;" class="hcp4">
|
|
<p class="Help-Text">New average unit cost of $11.33</p>
|
|
</td>
|
|
</tr>
|
|
</table>
|
|
<p class="Help-Text"> </p>
|
|
<p class="Help-Text">We recommend that you not manually enter or edit the average unit cost. Point of Sale uses this value to send cost of goods sold information on item sales to your QuickBooks financial software. If it does become necessary to edit this value manually, typically to correct an error, see <a href="../qbpos_adjustments/memo1303.htm">Creating an Adjustment Memo</a>.</p>
|
|
<p class="Help-Text" style="margin-top: 0; margin-bottom: 0;"> </p>
|
|
<p class="Related-Topics">Related Topics</p>
|
|
<p class="Help-Text"><a href="javascript:void(0);" id="a1" onmouseover="if (parseInt(navigator.appVersion) >= 4 && typeof(BSPSPopupOnMouseOver) == 'function') BSPSPopupOnMouseOver(event);" class="BSSCPopup" onclick="BSSCPopup('../qbpos_basic_procedures/basic311.htm');return false;">Tracking decimal costs<img src="../image/yellow_up.gif" alt="Click to display a popup topic" title="Click to display a popup topic" style="border: none;" width="10" height="12" border="0"></a></p>
|
|
<script type="text/javascript" language="JavaScript1.2">
|
|
//<![CDATA[
|
|
if( typeof( FilePopupInit ) != 'function' ) FilePopupInit = new Function();
|
|
FilePopupInit('a1');
|
|
//]]>
|
|
</script>
|
|
</body>
|
|
</html>
|