Sometimes suppliers offer free items or bonus quantities when making a purchase. BillBook allows you to record these free items properly, ensuring your inventory and cost calculations remain accurate. 🚀📦

🔹 Two Ways to Add Free Items in Purchases #

✅ Solution 1: Enter Free Items with 0 Price #

• Go to → Purchases → Add Purchase
• Add the free product as a separate entry.
• Set the Purchase Price to $0.00.

📌 Best For: When you want to track free items separately but not affect cost calculations.

✅ Solution 2: Adjust the Unit Cost with Average Price #

Instead of adding the free item separately, you can distribute the cost across the purchased items.

Example Calculation:

• You buy 10 units at $2 each → Total cost = $20
• Supplier gives 2 extra units for free
• Your total quantity becomes 12
• The new unit cost is $20 ÷ 12 = $1.66 per unit

Steps in BillBook:

1. Go to → Purchases → Add Purchase
2. Enter the total quantity received (including free items).
3. Use the adjusted unit price ($1.66 in this case).

📌 Best For: When you want to distribute the cost across all units for accurate profit calculation.

🚀 Why Track Free Items in BillBook? #

✅ Ensures inventory remains accurate 📦
✅ Helps maintain correct cost & profit margins 💰
✅ Allows flexible tracking based on accounting preferences 📊

With BillBook’s flexible purchase management, you can handle supplier bonuses and free items seamlessly! 🚀🎁

Let me know if you need any refinements! 😊