This tab displays the current pricing and costs for the item. There are 5 additional pricing tabs that are used to set-up specific pricing schemes for the item. These details can be set in the relevant tab or through other bulk mechanisms.
Field | Description |
---|---|
Sell Price | Default selling price for the item. Tick box Sell Price Represents Tax Inclusive on the Main tab determines if this price is Ex or Inc of GST |
RRP | Recommended Retail Price of the item. Updated manually or using the inventory utilities under Price Updates |
Last Cost | Last cost of the item, usually the last time the item was purchased. Updated manually, using the inventory utilities under Price Updates, or where system setting UpdateLastCost is ticked in Landed Cost, Purchase Invoicing or Receiving |
G.P. % | Calculated based on Last Cost and Sell Price |
Minimum Markup GP% | Manually entered value and can be used in conjunction with the user setting Enforce Minimum GP to ensure item is not sold below the minimum sell price |
Minimum Sell Price | Calculated price that meets the Minimum Markup GP% entered |
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