Author Topic: Recipe List and Actual costs - whats the difference  (Read 7389 times)

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leanne

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Recipe List and Actual costs - whats the difference
« on: April 03, 2012, 01:03:16 PM »
Question 2: Ismail Karolia

On The Go Take Away.

A stock item on the take away with bill of material info in place.
The system uses the list cost to show GP’s. The list cost is incorrect.
Question is where did the list cost come from?

Do I simply make the list cost = the Actual cost?
The value on the price sheet is different and therefore giving us in current GP’s.

Answer 2             
The list price has come in from the items cost prices on your 4POS system, if you have the Incorrect cost prices in your will have the incorrect GP
The actual price is the average price if you buy a coke for R5 then the next R6, The average price will be R5.50
You will need to sort out your list prices to the correct cost prices, a quick way of doing that would be in stock create edit-> Multi Stock Item Update-> Stock Item Costs