You can use this feature to calculate the unit price from the Unit Cost and the Profit % field. Profit will be calculated from the unit price.

To calculate unit price from unit cost and profit %

  1. In the Search box, enter Items, and then choose the related link.

  2. Open the item card that you want to calculate a new unit price for.

  3. On the Invoicing FastTab, enter a new percentage in the Profit % field.

  4. The Unit Price field will be adjusted to reflect the changes you made to the Profit % field, so that the profit equals the percentage of the unit price.

Note
You can also adjust the Unit Price field by entering a new cost in the Unit Cost field, following the same steps as described above.

If you have selected the Price Includes VAT field on the item card, remember that VAT is added to the unit price calculated from the unit cost and profit %. The Price Includes VAT field is not included in the standard layout, but you can insert it with the customize facilities.

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See Also