Fetching Actual Price of Item for Profit Report

Question

All items in system are managed serially, while Inward entry in GRPO transaction price  of
item is defined.
For Ex Item X there are four GRPO transaction with a value
Purchase Value 1= 2500 ,
Purchase Value 2= 2600 ,
Purchase Value 3= 2700 ,
Purchase Value 4= 2800 ,
Against the same item X there are two sales transaction done with a value
Sale Value 1 = 3500 ( which is against Serial No of GRPO with value Purchae Value=2700)
and
Sale Value 2 = 3800 ( which is against Serial No of GRPO with value Purchae Value=2600)
Now our aim to caculate actual Profit based on both of this transaction
i.e against Sale Invoice 1 Profit = (Sale Value 1) 3500 - (Purchase Value 3) 2700= 800
and against Sale Invoice 2 Profit = (Sale Value 2) 3800 - (Purchase Value 3) 2600= 1200
Note user can select any item in random.
Is it possible to develop query based on this logic ? or can anyone guide to other
alternative.

Answer 1

Hi Satish,
Will you always use the price as known on the Goods Receipt PO? What if the Item was received through an AP Invoice? Is the process always the same at the customer site?
Which sales document would you take the sales price from, Sales Order, Delivery, Invoice?
Jesper