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Finance | Project Operations, Human Resources, ...
Suggested answer

Calculate Price from Cost

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Posted on by 5

Hi all, I need to link sale price of Item with cost. For example, I have 100 products in inventory and want to sell all of them with different margin so I need to set their Sales Price with increase in their original cost (Cost + Margin). Is it possible to set calculated price from cost. Plus i don't want to change price list or item maintenance oof Item every time when margin changed. Any leads?

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  • Suggested answer
    Bill Campbell Profile Picture
    12 on at
    RE: Calculate Price from Cost

    While Raffaele is on the right track, if you have a need for Multi-currency and have multiple price levels it can be a great deal more complex than just filling in a couple of blanks in one window for each item.

    I have a client with 14,000 items, 7 currencies and 6 price levels as well as multiple discount levels and it was almost impossible to make any update in the price of the item in one place without messing up in another.  So I assisted in developing a tool to make it work.  If you are interested or in need, please reach out to me at email provided below.

  • Raffaele Mecca Profile Picture
    20 on at
    RE: Calculate Price from Cost

    Hello,

    you can do that configuring the right price method in list price window for each item or configuring price method in inventory ID class.

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