Cost Management

See and fix what each pair cost you. Accurate costs are what make your profit numbers correct, so this is where you correct a wrong buy price.

See and fix what each pair cost you. Accurate costs are what make your profit numbers correct, so this is where you correct a wrong buy price.

Where to find it: Open Cost Management in AIM — you will be asked to sign in first.

What you can do here

• Look up a product and see the cost recorded for each unit in stock
• Fix a unit’s cost when it was entered wrong (e.g. a typo on a purchase order)
• See your average cost when you bought the same shoe at different prices
• Flag a pair as damaged so it’s held back from selling

Buttons, fields, and controls

Control	Where	What it does	When to use it
Search	Search bar	Finds products or inventory units by product name, SKU, or size.	Use it before editing costs so you are working on the exact unit.
View units	Product row	Opens the unit-level cost history for the selected product.	Use it when average cost looks wrong or you need to correct one physical pair.
Edit cost	Unit row actions	Changes the stored unit cost for one inventory unit.	Use it to correct a typo or wrong purchase-order cost before profit reporting depends on it.
More actions	Unit row actions	Opens additional unit actions such as damage or cost-history operations.	Use it when the unit needs more than a simple cost edit.
Save	Edit cost window	Commits the corrected unit cost.	Use it after verifying the new cost and reason for the correction.

How to: Fix a wrong unit cost

1. Search for the product by name or SKU.
2. Find the unit with the wrong cost.
3. Edit the cost to the correct amount and save — profit on its future sale will now be right.

A pair was logged at $18 instead of$180. Correct it to $180 here so it doesn’t show a fake$282 profit when it sells.

Good to know

• Each pair you own is its own “inventory unit” with its own cost — that’s how profit stays accurate when you restock the same shoe at different prices.
• Your costing method (Average or FIFO) decides which cost is used when a pair sells. Average blends your buy prices; FIFO uses your oldest stock first.

Where to go next

• Finances
• Inventory