Use new report List of Charges and Costs carefully

[allenc]

List of Charges and Costs is a great report for seeing your profit on RECENT sales by each charge item.

However, be careful:
1. after a while you will go and change the buying cost on some Items (inflation)
2. if you rerun the List of Charges and Costs, the Cost column will change and you will not be seeing the Profit that was made at the time you entered the original Charge record.

It would be very helpful for a future version of CommitCRM to save the Item Cost in the Charge record at the time the Charge record is sent to QuickBooks for invoicing.

[Support Team]

Re: Use new report List of Charges and Costs carefully

This is a good point. The List of Charges and Costs report calculates the cost of Items and displays it in the report, next to the actual price used for the items while logging the Charge. This is a helpful report which allow you to analyze your profitability and identify the products/parts where price changes affect your bottom line the most. This report uses the Item's Cost as defined at the time of generating the report, which can be quite helpful in some cases (i.e. when you wish to check the cost retroactively, even if you haven't entered the cost at the time of entering the charge).

In any case, we see keeping the cost in the charge record can be helpful in some cases, and we will consider this for one of our future releases. Thanks for bringing this up.

Doron