pwkpete Posted February 23, 2005 Share Posted February 23, 2005 Hello all, not sure which is the right forum to post this, hopefully someone can steer me in the right direction here. I'm wondering how to deal with margin amounts for profit calculation. Namely if I get 5 of a product at X price, then 5 more at another price Y and add to inventory, considering the same sale price my margin % is different. (Has to do with $ fluctuation.) I don't want my customers to be able to purchase out of stock items, so I have to maintain inventory there. I added a margain contribution, but it doesn't seem to be that fancy. What are others doing in this situation? I'm a new buisness owner, never dealt with accounting before and not sure where to go. It just seems that this type of information would be necessary for accounting. Thanks for any help! -Pete Link to comment Share on other sites More sharing options...
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