12 Floating Price
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Revision as of 10:25, 2 December 2011 by Simon Clive (Talk | contribs)
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.
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 % to recalculate the price.
- From the Main Menu select Inventory and create a new Product of the typeInventory Part
- Enter a %(Ex): Cost/Sell which will be your Gross Margin % regardless of the cost of the product
- Set the Qty Sell price as $0.00 The system will now calculate the sell price for each order
