Someone help me. I buy and sell items on the same day. I purchase same items with some supplier and sell it to few customers. I knew there is non-inventory items to use for my business but i prefer inventory to keep track the items i sold to whom. i enter the purchase price in the purchase invoice a…

[image] Vinoth_Subramaniam: how to make it correct to show the purchase price in the expense? Try Inventory cost correction through the Recalculate button on the Inventory Tab. [image]

I tried it. But still cant. i want to know why my purchase items unit price is not showing in the PnL? How to make sure the purchase invoice amount as expense in the PnL?

The purchase cost of an inventory item shows up as an asset not as an expense. When you sell an inventory item the cost is deducted from the asset account and transferred to the cost of sales account Please show the full edit screen of the Sales Invoice and of the Purchase Invoice

I want to ask that only i clear all inventory on hand or sell all items in the inventory, at the end of month, it will show the purchase price as expense? because i tried just now that i made sell all items for the month january, the inventory cost now shows correctly. for the month february, i have…

I explain my business here. I buy vegetable from different supplier at different price and sell it to different customer at different price and i wont hold any inventory at the end of the day. So, i can’t choose non-inventory because it doesn’t let me click the inventory item like click a vegetable …

You need to upload the images to the forum I am not clicking on an external link - it could be a malicious link

sure sure.i dont no about that. sorry. [Screenshot 2025-05-12 155354] [Screenshot 2025-05-12 155412]

See this guide Inventory Cost Correction | Manager.io Also unless you are using Goods Received Notes and Delivery Notes you should have the Act as Goods Receipts and Act as a Delivery Note ticked on your Purchase and Sales Invoices respectively

The purchased cost is not calculated in the profit or loss statement

Vinoth_Subramaniam May 13, 2025, 6:20am 10

I use just the purchase invoice to record purchase, sales invoice, cn and dn. other functions im not using.

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The purchased cost is not calculated in the profit or loss statement

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