Item Cost and Profit Tracking refers to accumulation of costs and revenue for a particular quantity of a Stock Item across various transactions. The track can be created with any transaction and then referred subsequently in any transaction without needing the discipline of any master or configuration. Thus allowing to analyze the running cost and profitability of the item being tracked through manufacturing, sales, purchase and so on. The Item Cost and Profit Tracking feature helps you effectively track and ascertain the Procurement cost, Landing costs, Manufacturing or Production cost, Order cost/profit, Job cost/profit. This feature is also useful in determining Sale price of finished goods based on the costs incurred till date and the overall profitability.
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