How the data comes in the Valuation Rate field in the Gross Profit report

1

Hello, I want to know how the data comes in the Valuation Rate field in the Gross Profit report.

2

Hi @Runway,

It’s difficult to cover everything here, but I’ll give a brief overview. Valuation Rate in the Gross Profit report shows how much it costs to sell each item. It’s like the price tag for your inventory. When you sell stuff, ERPNext uses these price tags to figure out how much you spent (the cost of goods sold) and subtracts it from your sales to find your profit. So, the Valuation Rate field helps you see the cost side of your sales and profit.

but you should look at the file gross_profit.js and search for “buying_rate” because the valuation rate is the same as the buying rate (“buying_rate”: “valuation_rate”). Take some time to debug, check, and explore it.

Reference: Gross Profit Report in ERPnext - TechFord AI

I hope this helps.

Thank You!

3

Ok Thank You