Customer Cost Basis
Detailed overview of cost basis for Customer Section.
Reports
Detailed overview of various reports are given with screenshots here.
This section is a useful feature in the content management system designed to provide an overview of reports. It contains in-depth quantitative analysis of orders, customers, products, and product batches modules.
The first few section of the report includes explanation of cost basis of orders, customers, products, and product batches. Understanding the cost basis is important for tax purposes as it calculates the amount of total profit, cost/ purchase price, and revenue to understand capital gain or loss. Determining the difference between selling price and purchase price, the cost basis value will help the shop owner to understand if their investment is profitable or not. By keeping track of the business’ performance, cost basis reports will help calculate possible tax consequences.
The Cost Basis sections in our system can be accessed from four modules - Customers, Orders, Products, and Product Batch. Keep track of cost basis calculations to bring more revenues and profits.
Order Cost Basis
Detailed overview of cost basis for Order Section.
Product Cost Basis
Detailed overview of cost basis for Product Section.
Product Batch Cost Basis
Detailed overview of cost basis for Product Batch Section.