Adding Bonus or Free Items given by supplier

Adding Bonus Items or Free Items from Suppliers in Zuriey POS

When you receive bonus items or free items from suppliers, it’s important to accurately record them in your inventory to maintain proper accounting and stock levels. Here are two effective methods to add these items in Zuriey POS.

Solution 1: Setting Purchase Price to Zero

1. Add Purchase:
   • Navigate to the Add Purchase screen when entering your purchase order.
2. Enter Free Items:
   • For the items that are being given for free, simply enter the purchase price as 0. This indicates that no cost is associated with these items.
3. Complete the Purchase Entry:
   • Fill in the other necessary details (quantities, supplier information, etc.) and save the purchase entry.

Solution 2: Using Average Price for Free Items

1. Calculate Average Price:
   • If you prefer to account for free items by calculating an average price, follow these steps:
   • Determine the total cost of the purchased items without including the free items.
   • For example, if you purchase 10 items at $2 each, the total cost would be:
     $$10\times 2=20\text{ total cost }$$
2. Include Bonus Items:
   • If you receive 2 additional items for free, your total quantity becomes 12 (10 purchased + 2 free).
3. Calculate Average Cost Per Item:
   • To find the average cost per item, divide the total cost by the total quantity:
     Average Cost=2012≈1.66Average Cost=1220​≈1.66
   • Use this average price ($1.66) as the unit price for all 12 items in your inventory.
4. Enter Purchase Details:
   • When adding the purchase in Zuriey POS, enter this average price for all items (including both purchased and free ones).
5. Complete and Save:
   • Fill out any remaining details and save the purchase entry.

Summary

By using either of these methods, you can effectively manage bonus or free items received from suppliers in Zuriey POS. This ensures that your inventory remains accurate and reflects true costs associated with your products!