Costs and Prices
Overview
Costs refer to the expenses incurred in producing or providing a product or service, while prices refer to the amount charged for those products or services.
Costing and Pricing descriptions are grouped into the following categories in this documentation.
- Costs (e.g. Direct Costs, Fixed Costs, Unit Costs)
- Pricing
- Adjustments
- Totals
- Summary
Costs
Info
These fields are used when costs are calculated (e.g. in Costings and Estimates).
- Direct Cost: Costs directly linked to the production of goods or services, including materials and outwork. The commission on Standard Estimates, and on product estimates from version 26.05, also counts as a Direct Cost, so it is not part of Value Added.
- Fixed Cost: Fixed Costs always apply and are not adjusted per quantity.
- Unit Cost: Unit Costs are multiplied by the quantity.
- /: Quantity included in the Unit Price.
Pricing
Info
These fields are used for determining prices (e.g. Sell Prices).
- Fixed Price: Indirect costs or overhead costs which are not dependent on the goods or services produced.
- Unit Price: Price per unit depending on /unit.
- /: Quantity included in the Unit Price.
- Enter: Price Inclusive or Exclusive amount of VAT. Allows rounding off Price (excl.).
Totals
Info
These fields appear on transactions such as Sales Orders, Work Orders, Customer Invoices, Supplier Invoices.
| Field | Description |
|---|---|
| Subtotal | A line-item sum of the Total (Excl) amounts, excluding adjustments. |
| Adj % | An adjustment percentage. (The adjustment value is automatically calculated.) |
| Adjustment | An adjustment value. (The adjustment value is automatically calculated.) |
| Total Currency | The total amount in the transaction's currency. |
| Total (Excl) | The line-item total in the local currency, excluding VAT. |
| VAT | The line-item VAT amount in the local currency. |
| Total (Incl) | The line-item total in the local currency of the transaction, inclusive of VAT. |
Summary
Info
These fields appear on transaction or item summaries.
| Field | Description |
|---|---|
| Profit | The profit amount per line item. |
| GP % | Gross Profit percentage per line item. |
| / Unit | Price per unit after adjustment. |