Record sales, generate invoices, and track payments with CostTrack Pro.
A sale records when you sell a product to a customer. Each sale includes the product, quantity, selling price, and optional category. CostTrack Pro automatically calculates profit based on the product cost and selling price.
Organize sales by category (e.g., 'Retail', 'Wholesale', 'Online', 'Direct'). Categories help you analyze sales by channel and understand which channels are most profitable.
When you record a sale, you can optionally deduct the sold quantity from product inventory. This keeps your stock levels accurate. If disabled, the sale is recorded without affecting inventory.
CostTrack Pro automatically calculates profit for each sale: Profit = (Selling Price × Quantity) - (Product Cost × Quantity). This shows your actual profitability for each sale.
Convert sales into professional invoices. Invoices include your company information, customer details, itemized products, totals, and tax calculations. Invoices can be customized and exported as PDF.
Customize invoices with your company logo, tax mode (inclusive/exclusive), and payment terms. All settings are saved in Project Settings for consistency across invoices.
Track invoice status: Draft, Sent, Paid, or Overdue. Mark invoices as paid when payment is received. This helps you manage cash flow and follow up on outstanding payments.
CostTrack Pro includes a BIR disclaimer on all invoices. Users are responsible for ensuring invoices comply with Bureau of Internal Revenue regulations and local tax laws.
Ensure selling prices reflect your costing and desired profit margin. Review pricing regularly to stay competitive.
Use meaningful categories to organize sales by channel or customer type. This enables better analysis and decision-making.
Enable inventory deduction for sales to keep stock levels accurate and prevent overselling.
Generate and send invoices immediately after a sale. This speeds up payment collection and reduces disputes.
Mark invoices as paid when payment is received. Monitor overdue invoices to manage cash flow effectively.
Regularly review sales reports to understand trends, identify top products, and spot opportunities for growth.
Keep all invoices and sales records for accounting and tax purposes. CostTrack Pro maintains a complete audit trail.
Ensure all invoices comply with local tax laws and regulations. Consult with an accountant if unsure.