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Error on Profit and loss
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Topic: Error on Profit and loss (Read 9424 times)
rimpy86
Newbie
Posts: 19
Error on Profit and loss
«
on:
May 09, 2014, 04:47:13 PM »
Hi, I am having issue with one of my products. When I go to Reports, then Products and then Sold Product Summary. I get one product showing me profits in negative when it should be positive.
Could you please assist with that.
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ronaldrwl
Administrator
Hero Member
Posts: 1679
Re: Error on Profit and loss
«
Reply #1 on:
May 10, 2014, 04:43:00 AM »
Open the item in the Product Edit window and check the Avg Cost. You may need to reset the Avg Cost in the Product Control window using the Tools / Set Avg cost to cost.
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ronaldrwl
Administrator
Hero Member
Posts: 1679
Re: Error on Profit and loss
«
Reply #2 on:
May 28, 2014, 04:05:31 AM »
We sent you an update that may have fixed what caused this. We found a combination of steps that gave an incorrect calculation of Avg Cost when doing a refund.
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Error on Profit and loss