Thursday, August 17, 2017

Moneyworks Hack - Landing Cost Calculation

Many will want to know our product's real cost to calculate the product profit margin accurately. For that to happen, you will need to include landing cost, however we know it is quite troublesome to spread our freight cost to each item's pricing.

We may need to calculate every item cost as a fraction to the total and spread the freight cost to the purchase price. This is massive exercise and tedious, and we secretly hope the accounting software we are using can automate this function.

We are fascinated by MoneyWorks scripting capability and that helps us with this special mundane task.

Here is the video I have created so that you can see how easy it can be automated:

This video is based on MoneyWorks GOLD feature.

Should you have any questions, do feel free to comment or contact us for further clarifications.

We definitely hope this article simplify and speed up some of your work.

William Tan
Advanced Micro Control Pte Ltd
Tel: +65 6347 7000

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