How cost layers are affected by purchasing:
How cost layers are affected by receiving:
How cost layers are affected by assembly orders:
Setting up different costing methods:
Helpful Reports at End of Month:
Purchase Order Status Report (Tracking outstanding PO’s and verifying all receipts are logged)
Stock Snapshot (Capture inventory valuation from beginning and end of month, also helpful for viewing total sold, adjusted, and received values for time period)
Cogs insight dashboard (See COGS by SKU by channel in one place)
Detailed sales revenue breakdown (See each transaction with revenue and cost)
Inventory Valuation Report
Fixing/Upkeeping Cost Layers:
Transaction COGS report
Cost Layers report
Costs tab under an individual SKU
Cost layer update import
* Here is a walkthrough with more information on reports and upkeep.
In order to keep landed cost up to date, it’s critical that users are properly tracking PO’s, reconciling inbound shipments, etc.