Sales Order Line Cost Price
adding fields like Delivery Out Cost Price, Snapshot Cost Price, Product Margin, and Profit Margin (%), allowing businesses to track true profitability with accurate cost calculations and margin analysis both before and after delivery
Sales Order Line Cost Price
adding fields like Delivery Out Cost Price, Snapshot Cost Price, Product Margin, and Profit Margin (%), allowing businesses to track true profitability with accurate cost calculations and margin analysis both before and after delivery
STORY BEHIND THE FEATURE
ODOO BEHAVIOUR
CLUEDOO BEHAVIOR
1. Delivery Out Cost Price: Provides more accurate cost and profitability calculations based on the actual cost of goods at the time of delivery.
2. Snapshot Cost Price: By locking in the cost at the sales order creation, businesses can estimate their profit margins at the time of order confirmation.
3. Product Margin & Profit Margin (%):
- Accurate Profit Tracking: By calculating the margin based on the Delivery Out Cost Price after stock picking is done, businesses get a true representation of profitability.
- Pre-Delivery Margin Analysis: When stock picking is not done, calculating the margin based on Snapshot Cost Price gives businesses an early indication of profitability, helping in decision-making before the product is even delivered.
CLUEDOO RECOMMENDATIONS
Install on 100% of the database.
HOW TO USE THIS MODULE
1. Create Sales Order. We have several additional fields in SO lines. Delivery Out Cost Price, Snapshot Cost Price, Product Margin, Product Margin (%).
Snapshot Cost Price is the cost price at the time we create the sales order.
We will get the delivery out cost after we deliver the products.
The delivery cost depends on the cost price of the product at the time of delivery.
We can also manually update the Snapshot Cost Price and Delivery Out Cost Price. If we update the delivery out cost, it will update the product margin too.
if the Stock Picking is done, the calculation is Sales Price - Delivery Out Cost Price
if the Stock Picking is not done, the calculation is Sales Price - Snapshot Cost Price
