Valuation that matches operations
Company-level valuation settings feed inventory value, COGS and gross profit. That keeps warehouse counts and financial reports on speaking terms.
Inventory accounting
Connect Inventory, Sales and Finance in One System
Inventory accounting software should explain how stock becomes cost of sales and profit. Sphereventory values inventory, tracks COGS from sales, and shows discounts and credit outstanding so finance is not reconstructing the month from exports.
Gross profit after real discounts
POS and credit discounts reduce revenue. Sphereventory reports them instead of hiding margin leakage in a till variance.
Frequently asked questions
- How does Sphereventory calculate gross profit?
- Gross profit is period sales revenue minus COGS, where COGS is sold quantity times product cost price. Discounts reduce revenue and therefore profit.