Help for a Noob

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Guest

Help for a Noob

Post by Guest » 17.11.2008, 11:34

I have just bought some of my own stuff from the market cos I put it on at the wrong price. Now when I try to place it back on the market at a lower price, I get the message "That's not a good deal. You'd better not do this". Anyone know what's going on?

Guest

Re: Help for a Noob

Post by Guest » 17.11.2008, 11:46

Hugh Jearner wrote:I have just bought some of my own stuff from the market cos I put it on at the wrong price. Now when I try to place it back on the market at a lower price, I get the message "That's not a good deal. You'd better not do this". Anyone know what's going on?
Well, tha happens cause the difference from the buy back price to the new price it's to much; besides when you sell something to the market, the system considers that's not yours no longer, and if you go to the warehouse after your buy back you'll see that the cost of the thing you have put on market it's the buy back price and not your cost production, so to put it on market again for a lower price, just join some more production till the costs of each unity drops.

Guest

Post by Guest » 17.11.2008, 11:49

Thanks. I thought it must be something like that but the price in the whouse is $10.75 and I was trying to put it on at $15.99. Why is that such a bad deal?

Guest

Post by Guest » 17.11.2008, 12:38

it would be better if system know you are buy back from your own product and restore back the true production price.

Guest

Post by Guest » 17.11.2008, 13:51

MrRight wrote:it would be better if system know you are buy back from your own product and restore back the true production price.
Your are forgetting the 10% you pay to put the product on market.

Guest

Post by Guest » 17.11.2008, 16:05

then just add back 10% to original cost. Let say your product is 100 c and you sell at 500c, 10% is 50 c. so if you buy back the product, the warehouse should show the cost: 100+50 = 150c.
Now it show 500c and dont even include the 10%.

ps: btw , the 10% in true accounting concept, should be grouped into Sales Expenses, not the cost of stock.

Guest

Post by Guest » 17.11.2008, 16:22

MrRight wrote:ps: btw , the 10% in true accounting concept, should be grouped into Sales Expenses, not the cost of stock.
Yeah I know that, but in the moment you buy back the product the only way for you to know it's real cost, should be the cost production + 10% of sale price

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