Received Items Report

1. In Paladin, on the top ribbon, select the PO module.
2. On the bottom ribbon of the module, toggle F5 Mode PO to F5  Mode Receive.
3. Click F6 Find PO.
4. In the Find PO window, in the PO Details pane, select the parameters for the search.
5. In the Matching Purchase Orders pane, highlight the purchase order.
6. To view an Excel spreadsheet with received item details for the highlighted purchase order, click Received Items Report at the bottom of the Find PO window.
   • The retail price appears in the Current Retail column.
   • The retail margin appears in the PO Margin column. It is calculated from the purchase order cost and the retail price that existed when you created the report.

You can also run a Received Items report by performing the following:

1. In Paladin, on the top ribbon, select the PO module.
2. On the bottom ribbon of the module, toggle F5 Mode PO to F5 Mode Receive.
3. Open the Confirm Receive tab.
4. On the bottom ribbon of the Confirm Receive tab, select F7 Print Receiving.
5. An Excel icon appears on the bottom task bar of your computer. Click the Excel icon to open the report.

Tip: Let replacement costs inform your business strategy.

When you look at margins, don’t forget the replacement cost. For example, if you bought a product from a supplier for $10 and sell it for $20, your margin is 50%. However, if the cost of the product has increased to $12 when it’s time to replace it, you’re margin based on the replacement cost is now 40%. Depending on your business investment strategy, if the replacement cost margin is lower, you may decide to increase the retail price so that you have enough money to replace future items.