Finale Knowledge Base

How Do I Set up Average Costing for My Products

Even with cost fluctuations, with Finale's weighted average unit cost algorithm, you'll always know how much you're spending for each product. Understanding the cost of each product will allow to gain insight the gross margin of your sales.


Understanding your costs and how your suppliers are performing will give you the leverage you need to drive down spend as you grow. It will also help you better understand the timing of important purchasing decisions.


Please watch this video to learn more about average product costing.

https://youtu.be/seTW57JiHpE


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