Set Product Costs on Products

Here's how to enter a cost for a selected period of time for a selected product(s). If you want to set costs for price codes, go to Set Product Cost on Price Codes.

IMPORTANT: This procedure does NOT automatically make a Journal Entry for you. Instead, it simply makes your Sales Report COGS columns reflect the proper COGS amounts.

From the Lynx Main Menu . . .

1. Left-click on Inventory

2. A drop-down menu will appear.

3. Left-click on Set Product Cost.

4. This will display the Set Product Cost window.

5. Left-click the tab (if it's not already active).

6. Complete the following five steps to set a cost for a given Product for a selected period of time.

Step 1. . . Left-click the down arrow to display a drop-down list of Products. Left-click the one you want to enter a cost for, like this:

Step 2 . . . Left-click the down arrow to display a drop-down calendar. Select the beginning date you want the cost to take effect, like this:

Step 3 . . . Left-click the down arrow to display a drop-down calendar. Select the ending date you want the cost to take effect, like this:

Step 4 . . . Key in the cost you want to use for this Product for the selected period of time, like this:

Step 5 . . . Click the button to apply the cost you just entered.

7. After a few seconds, this message will appear to indicate the cost you entered has been applied.

8. Left-click the button. If you want to set more costs, go back to step �.

9. When you're all done, left-click the close button to return to the Lynx Main Menu.