What This Feature Does
Stores initial cost and initial revenue against a stock item
Includes values that occurred before the item became available for hire
Supports manual entry, bulk import, and export
Improves ROI and profitability reporting accuracy
What do you need access to.
Ensure you have permission to edit stock items
If using import/export, download the latest stock import template
Decide whether values will be added manually or via bulk upload
How This Affects ROI Reports
ROI calculations now:
Start from the true financial baseline
Include costs and revenue incurred before hire availability
This is especially important for:
Items with works orders
Items that generated revenue while unavailable
Backfilled or migrated stock data
Record Initial Values Manually on a Stock Item
Step 1: Open the Stock Item
Go to Inventory > product > select your product.
Go to the stock level > edit
Step 2: Enter Initial Cost and Revenue
Navigate to the Financials or Details section of the stock item
Locate the fields:
Initial Cost
Initial Revenue
Enter the relevant values
Step 3: Save the Stock Item
Click Save to commit the changes
The values are now stored as part of the stock item’s starting financial position
Importing Initial Cost and Revenue in Bulk
Step 1: Export Stock levels
Go to System Setup
Select Export
Choose the Stock Export option
Step 2: Populate Initial Values
Open the exported file
Locate the columns:
Initial CostInitial Revenue
Enter the correct values for each stock item
Leave blank if not applicable
Step 3: Import the Updated File
Return to Stock
Select Import
Upload the completed file
Review and confirm the import