Cost Information Subtask
Use this subtask to store information used to calculate the cost of goods sold for a given item.
You can also define the unit cost information by date range. Initialize this subtask as part of the product billing setup.
Calculate Cost of Goods Sold based on
Select the appropriate option.
Field | Description |
---|---|
Percentage of Sales |
Select this option to have the cost of goods sold calculated based on a percentage of sales. |
Cost Schedule |
Select this option to have the cost of goods sold calculated from a cost schedule. |
Enter Percentage of sales to calculate cost of goods sold |
If you selected the Percentage of Sales option, enter the percentage used to calculate the cost of goods sold. If you selected the Cost Schedule option, this field is non-editable. |
Cost Information
If you selected the Cost Schedule option, enter at least one row in this table.
Field | Description |
---|---|
From Quantity |
Enter the starting quantity for this price range. The default value is "0.0001" but can be changed. |
To Quantity |
Enter the ending quantity for this price range. The default value is "9999999999.9999" but can be changed. |
Unit Cost In Functional Currency |
Enter the unit cost for the item and the quantity range. |
Starting Date |
Enter, or click to select, the starting date on which this price becomes effective. This date represents the starting date on which this unit price must be charged. |
Ending Date |
Enter, or click to select, the ending date on which this price becomes obsolete. This date represents the ending date on which this unit price charge becomes ineffective. |