Cost(Expense) of each Product
atronmania
Member Posts: 1
We are a Photography studio. We pay our Lab a fixed price for the prints(1.00 $) but charge the costumer a higher price(2.00 $). We get a monthly bill from our Lab which contains the Print cost for multiple clients, which makes it complicated to define what belongs to each Invoice to calculate the profit!
How do I define a product that we're selling that includes it's own expense?
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Comments
Hey @atronmania. Just so I'm understanding correctly, it sounds like you are looking for product based reporting, which is not something that we currently offer in Wave (although, this could be available in the future). One workaround though, if you go to the Account Transactions report, you can filter this by Customer. Although not ideal, this would be the closest thing to product based reporting in Wave right now (since you can simply create line items that you are only billing one specific customer). Hope this helps!