How to know the average cost price of the product in case of price changes with different shipments
As a result of inventory movements, including additions, disbursements, and transfers between different warehouses, the cost price of an individual product changes. Enerpize enables you to easily review the average cost price of a product, alongside the cost price of each shipment in the usual way by referring to the purchase invoices.
How to know the Average Cost of an Item
Click on “Products & Services” from the dropdown menu under “Inventory” in the main menu. Then click on the product for which you wish to review the average cost price.
You will find “Average Unit Cost” in the product information, which is automatically calculated based on the average purchase prices of the product throughout the supply operations of shipments to you.
If the average cost does not appear in your product file, you can refer to this guide.