--- title: "How to calculate the item Balance cost?" canonical: "https://wiki.soft1.eu/space/SKEN/643073204/How%20to%20calculate%20the%20item%20Balance%20cost%3F" format: markdown --- 🌱 Find the Balance cost in the *Ξ™tem Financial data β†’ Period data tab β†’ Inventory (In-Out).* - **Balance cost =** Previous period's balance cost - **(**(Previous period balance - Current period balance) * (Current period cost price)**)** For example, for August period = July Balance cost - **(**(July balance - August balance) * (August cost price)**)** where: Previous period balance cost = (Balance until the last date of the previous period * Cost price of the previous period) - Alternatively, **Balance cost **= (Balance until the last date of the previous period * Cost price of the previous period)+ (Balance of the current period * Cost price of the current period) For example, for the period 17/03/xx to 30/06/xx. = (Balance 31/05 * May cost price) + [(Inventory In – Inventory Out from 01/06 to 30/06) * June cost price]. > Macro (contentbylabel)