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xTuple ERP Reference Guide |
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xTuple ERP Reference Guide |
| 11.1. Item List Price | ||
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 | 11. Pricing |  |
To create or modify the list price for an item, go to . The following screen will appear:
List prices may also be created or modified in the Item master for an item. Changes made to an item's list price in either location will be reflected application-wide.
When creating an item list price, you are presented with the following options:
Enter the item number of the item you want to create or modify a list price for.
Inventory unit of measure (UOM).
Enter the list price for the specified item.
Displays the price UOM for the specified item.
Displays the ratio between the price and inventory UOM for the specified item.
Displays the inventory UOM price for the item.
Displays standard cost and actual cost for the specified item.
Displays the extended standard cost and extended actual cost for the item. The extended cost is equal to the list price multiplied by the price/inventory UOM ratio. If the price/inv. ratio = 1, then the cost and extended cost will be the same.
Displays the profit margin. The margin is determined by the following formula:
Price - Cost / Price.
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| 11. Pricing |  | 11.2. Update List Prices |