Product Development and Costing

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Adding additional costs to a stored product.

If there are incurred costs such as freight or other outside costs charged by your vendor that should be added to the value of your product, can either use the added cost feature or product development Cost feature. product development Cost is a separate module which allows you to track the true Cost of Goods Sold per item without any manual reconciliation.

Additional cost of product development are:

  1. Non-inventoried accesories using to developed product.
  2. Warehousing expence.
  3. Insurance expence.
  4. Depreciation.
  5. Inventory shrinkage.
  6. Damaged or spoiled inventory.
  7. Opportunity costs.

Note: If your added cost is an inventoried item, then you should use the manufacturing option instead of this process.


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