Adding Bonus or Free Items given by supplier

Adding Bonus Items or Free items given by Suppliers

2 ways you can do this:

Solution 1:

When adding purchases simply make purchase price 0 for the free items.

Solution 2:

Find the average price of the item and use that for unit price.

for example, if you purchase 10 quantity for a price of $2 each, 10X2 = $20
and get 2 quantity free, then the average cost of each will become 20/12 = $1.66

Did you find this article useful?

  • Purchase Management

    Adding Purchase Go to – Purchases -> Add Purchases Type Supplier Name or Business name in...
  • Purchase Payments

    Purchase payment meaning paying to the supplier for the Purchases. Payments Statuses Paid: Th...
  • Purchase Invoice

    Purchase Invoice: An invoice for purchase can be generated at every purchase. To print a purchase i...
  • Purchase Requisition

    What is Purchase Requisition(PR) The purchase requisition is a document that an employee creat...
  • Purchase Order

    What is a Purchase Order? A purchase order is a document given by the buyer (usually you) to the su...