View source for 12 Floating Price

Floating Price

What effect is there of NOT defining the sell price for the BOM?

Not defining a fixed sell price means that the price will change depending on the cost of the inputs.  In the case of
our wagon, we give the buyer a choice of colour which has no impact on price and a choice of wheels which does 
change the sell price because some wheels are more expensive than others.  Having a floating price ensures that 
you are always selling your product at the set markup. See also Floating Price<LinkId=980> 

Note: If you change a component product in the Bill Of Materials, you must save the product and then re-open it and
re-enter the markup percentage to recalculate the price.

Select Inventory
Create a new Product of the type Inventory Part
Enter a %Cost/Sell which will be your Gross Margin % regardless of the cost of the product
Set the sell price as "0" The system will now calculate the sell price for each order