How is the cost of my stock worked out?
Stock is valued at weighted-average cost — the running average of what you have paid for it.
Purchases go into stock as batches, each recording what you actually paid, including any landed costs you attach to an import. Your stock is valued at weighted-average cost. Every purchase blends into a running average for that product, so the cost of a sale is that average at the moment you sell — not the price of one particular delivery. This is the method your reports, your profitability figures and your stock valuation all use, so they always agree with each other. Batches still matter. When you sell, the oldest stock is drawn first, so the batch recorded against the sale is the one that really left the shelf. That is what keeps batch history and expiry dates meaningful, and it is separate from how the amount is valued.
Still not sure? Ask it in the chat in the corner — no account needed, and a person answers whatever the assistant can't.
How do I move stock from one warehouse to another?
Inventory → Stock transfer. Pick From and To, list what is moving, and post it. A transfer posts no accounting entries.
How do license agreements and royalties work?
One licence agreement per licensor: the products covered, the royalty on each, and an optional fixed fee.
How do units and pack sizes work?
A unit is a name and a short form. The bigger pack — a box of 12 — is set on the product.
How do warehouses work?
Every company has one called Main. Extra warehouses are a paid feature, and pickers appear once you have more than one.