How purchase cost works for serialized inventory

In this guide: Understand why each serialized device keeps its own exact purchase cost.

How it works

A serialized item is purchased and sold using its exact IMEI or serial number. The cost entered for that identifier stays attached to that individual unit, so profit can be calculated from the actual device acquired and sold.

Steps

1. Add the serialized product to the purchase.
2. Enter each unique IMEI or serial number.
3. Enter the exact cost paid for each unit.
4. Save the purchase.
5. Open Serialized Inventory and verify the identifier and cost.

Example

Two phones may share the same product name but cost $220 and $250. When one phone is sold, RepairNest POS uses the cost stored for that exact serial—not an average of both devices.

Important

Verify identifiers before saving. Correcting the original purchase is safer than disconnecting a purchase-linked serialized record from its history.