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Questions on Inv. Value-Gross Profit fields
I've been doing some testing, and I am confused by what I am seeing- so I am hoping that some kind NS soul can clarify for me.
I ran a pretty simple test- created an SO, then a PO, received the PO, fulfilled and invoiced the SO. Straightforward.
I was then looking at the Inventory Profitability report- specifically the 'Gross Profit' Fields.
The calculated GP was not reflecting what I expected - it had a very different number. In my efforts to determine the difference, I found that the report is picking up the average (costing method in this database) purchase price for the item I tested with. It appears to pick this up from the invoice gl COGS impact, not the amount I actually set in the PO. (there weren't any items on hand so I brought them in with the PO)
~angela