BETA - Total Cost Calculator

By default, InventoryLab lets you enter a fixed value as the Total Cost per Unit while listing an item in the Find It step. If you prefer, you can calculate your true cost per unit by using our Total Cost Calculator. This allows you to input discounts, sales taxes, and other costs associated with your purchase.

If you're a visual learner, check out our video guide, BETA - How to Use the Total Cost Calculator!

IN THIS GUIDE

• Activating/Deactivating the Total Cost Calculator
• Using the Total Cost Calculator

Activating/Deactivating the Total Cost Calculator

1. Click your Account Name in the InventoryLab top menu (below the Threecolts menu if you have that open). Select Settings from the dropdown menu. 
   
   
   
   
2. Click the List tab on the left.
   
   
   
   
3. Scroll to the Total Cost Calculator section and click the toggle next to Total Cost Calculator to turn it On or Off.
   
   

Using the Total Cost Calculator

Once you've enabled the Total Cost Calculator, you can use it seamlessly during listing!

1. In your item listing details, click the calculator icon next to Total Cost Per Unit.
   
   
   
   A popup will appear with the following fields:
   • Cost per Unit - The buy cost of the item purchased, per unit.
   • Discount - Any percent discount you received off the cost of your item.
   • Sales Tax - The sales tax paid for the item as a percentage.
   • Other Cost - Any additional costs associated with the purchase of the item, per unit.
     
     
2. Enter the Cost per Unit, along with any applicable Discount, Sales Tax, or Other Cost.
   
   
3. When you're finished, click Update Cost per Unit.
   
   
   
   
   • The Total Cost per Unit field will update to reflect the changes.

What's Next?

Once you've added your items to a batch, it's time to box them! Check out our article on how to assign your box contents.