Our accountant has raised some concerns regarding the way we input products into inventory, specifically when it comes to adjusting the unit cost for the price at which items were actually purchased.

For example, we sometimes purchase neurotoxin at a discounted price during sales, or on occasion, we receive it for free. However, when inputting this into the product inventory, the unit cost is automatically set to a general price, which doesn’t reflect the actual discounted or zero cost we've paid. As a result, our accountant is concerned that it appears we have a lot more inventory on hand than we truly do, as the system doesn’t account for the special pricing we receive in these cases.

I wanted to suggest if Boulevard has ever considered implementing a system that allows input by lot number or another method that could reflect these price variations more accurately. This would help ensure that the inventory reflects the true cost of the products we have, especially when purchased at a discount or free of charge.