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Posted by : Johannes in (In the field notes, NAV)

Why sales profit reports do not tie

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 A sales price or an invoice amount is easy to track and report on.  Once a sales transaction is done the total amount is the total sale.  That’s it.  But when we look at the cost of that sale in order to arrive to a profit the equation becomes a lot more fuzzy.

If we do not keep our eye on the profit, then there is not much need for a sophisticated ERP.  So let’s dive a little bit into one aspect of costing as it pertains to NAV.

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