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BackOffice FeaturesWeighted Cost
Keeping accurate records of costs has never been easier or faster. No more trying to figure out an accurate cost when your supplier's pricing fluctuates. An example is as follows: You purchase 10 widgets for $10.00 each and sell 5. You order and receive 5 additional widgets from your supplier at the unit of cost of $5. When you add the 5 widgets at a cost of $5.00 each, your inventory is adjusted to 10 widgets at a unit cost of $7.50. Thus, your inventory is properly valued without the need of a calculator.
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