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How to calculate cost of goods in Workbooks?
In this post we will have a look on one of the most typical calculations in businesses called "Cost of goods". Cost of goods typically means the direct costs of producing the goods sold by a company.
It is usually wanted to calculate overall profit per product, customer or eventually a performance of sales representatives.
Now How to calculate cost of goods in Workbooks?
First off, we need to ensure that all accounts who will want to see Workbook with cost of goods amounts must have access to "Account" record type, because it contains the information if a particular transaction line contains amount of the cost of goods.