# Sales Income under negetive Purchases of inventory items

**URL:** <https://forum.manager.io/t/sales-income-under-negetive-purchases-of-inventory-items/1763>\
**Category:** Uncategorized\
**Created:** [November 8, 2014, 4:13am UTC](https://forum.manager.io/t/sales-income-under-negetive-purchases-of-inventory-items/1763 "2014-11-08T04:13:20Z")\
**Posts on this page:** 6\
**Page:** 2

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**Author:** ![itmoto](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/itmoto/32/12177_2.png) [@itmoto](https://forum.manager.io/u/itmoto)\
**Post date:** [November 13, 2014, 11:07am UTC](https://forum.manager.io/t/sales-income-under-negetive-purchases-of-inventory-items/1763/22 "2014-11-13T11:07:56Z")

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You can get 3 reports on inventory for a selected period -

- Inventory Value Movement
- Inventory Quantity Movement
- Inventory Profit Margin

These can be found In Reports Tab.  
If you cannot see them click Customise at the top then tick reports you require.

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**Author:** ![Jojo](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/jojo/32/583_2.png) [@Jojo](https://forum.manager.io/u/Jojo)\
**Post date:** [November 13, 2014, 11:18am UTC](https://forum.manager.io/t/sales-income-under-negetive-purchases-of-inventory-items/1763/23 "2014-11-13T11:18:31Z")

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I tried all of them; they don’t report on how much has been spent on Purchases of inventory items.

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**Author:** ![itmoto](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/itmoto/32/12177_2.png) [@itmoto](https://forum.manager.io/u/itmoto)\
**Post date:** [November 13, 2014, 11:59am UTC](https://forum.manager.io/t/sales-income-under-negetive-purchases-of-inventory-items/1763/24 "2014-11-13T11:59:40Z")

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Im not sure if its the correct way to do it or not but what i do to find out what was spent on purchasing Inventory Items on a specified period is to create a Trial Balance Report and add Inventory on hand to Purchases of inventory items.

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**Author:** ![lubos](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/lubos/32/62798_2.png) [@lubos](https://forum.manager.io/u/lubos)\
**Post date:** [November 14, 2014, 6:53pm UTC](https://forum.manager.io/t/sales-income-under-negetive-purchases-of-inventory-items/1763/25 "2014-11-14T18:53:12Z")

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> [@Jojo](#):
>
> I tried all of them; they don’t report on how much has been spent on Purchases of inventory items.

Well, then `Inventory profit margin` report shows sales, purchases and profit margin on each inventory item.

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**Author:** ![lubos](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/lubos/32/62798_2.png) [@lubos](https://forum.manager.io/u/lubos)\
**Post date:** [November 14, 2014, 6:56pm UTC](https://forum.manager.io/t/sales-income-under-negetive-purchases-of-inventory-items/1763/26 "2014-11-14T18:56:55Z")

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> [@Jojo](#):
>
> I must reiterate that the Summary -\> “Purchases of Inventory Items” screen should be listing Purchase Invoices, not Sales Invoices with Purchase Invoice figures.

I get what you are saying. I’m planning to make it so when clicking on transaction under `Purchases of inventory items` account, you will get a simple worksheet explaining why that amount has been posted rather than straight sales invoice which doesn’t make it very obvious where the amount came from.

> [@Jojo](#):
>
> I think that instead of being called “Purchases of inventory items” it should be called “Cost of Goods Sold” - just as you describe it. Otherwise it’s misleading.

I agree, we will rename default names to make them less confusing. Keep in mind, you can rename it yourself too. Go to `Settings`, then `Chart of accounts`.

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**Author:** ![Ealfardan](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ealfardan/32/63166_2.png) [@Ealfardan](https://forum.manager.io/u/Ealfardan)\
**Post date:** [January 18, 2023, 3:40pm UTC](https://forum.manager.io/t/sales-income-under-negetive-purchases-of-inventory-items/1763/27 "2023-01-18T15:40:17Z")

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