Enter COGs in Smartcare
Sales are only half of your most important equation, margins are key. Entering COG (Cost Of Goods) data into Smartcare helps define gross profit. Knowing gross profit is a solid foundation towards nailing down margins!
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- Click on Reports.
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- Click Run Report under Hearing aid sales.
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- Define Scope and Report period.
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Click Gross profit button, then Run report.
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- Gross profit numbers will display a red asterisk if there are missing COGs in that calculation. Click on any of these to open corresponding list of devices.
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- Click on blue Edit link.
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- Empty COG fields will be outlined in red. Enter COG amount.
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- Fill in all COG information. All changes will be saved when clicking the X in top right corner of page.
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- Make sure to repeat this process for any empty COG fields on a regular basis.