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Re: Helios Commission Report Help
The cost of an item is recorded on the Inventory Tab
BUT do not get excited, the Cost of Goods reported on Department and Division Sales Report ... IS NOT reliable. It does not conform to Standard Accounting practises. If is provided PURELY for info purposes.
Helios does not provide an Average Cost or FIFO recording of cost. In fact the COST of an item is not even recorded on the sales transaction. The cost reported on the report mention above is the Inventory Cost present on file AT THE TIME OF REPORTING not the time of sale.
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