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Status Future consideration
Categories Reporting
Created by Guest
Created on Nov 7, 2017

Include linked items on Cost of Goods Sold report

Practice managers and owners need to have an accurate portrayal of their Cost of Goods Sold report to effectively manage their business. The report must also include the associated linked items for service/inventory items that are invoiced as these linked items do carry a quantity and cost value. Ex: Vaccine service for $30 with a linked vaccine biological item with a cost of $9 would appear on the COGS reports as the net sales value of the service ($30 less any applied discounts or price changes), qty of service x linked qty, cost of linked item, and margin/profit/% sales calculations using current methodology.

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