How to define Sales price of product based on Purchase Price

By | August 28, 2018

Sage Enterprise Management (Sage X3) provides us with a feature to setup Sales price based on the Purchase price of Product. This set-up is subsequently used for charging a customer based on the purchasing cost of the product.

E.g. an instance where you want to sell a product to a customer on the 50% margin from the purchasing cost of that product.

To setup this functionality, follow below steps-

  1. Navigate to Products -> Purchase Tab
  2. Enter base Purchase price for product.
  3. Note that price here is entered in Euro currency
    • e.g. 40 Euro
unit purchase price

IMG: Product screen

  1. Navigate to Products -> Sales Tab
  2. Enter Price origin as ‘Purchase price %’ as shown in screenshot below-
  3. Enter % applied as desired margin in % on purchase price
    • e.g. 50%
purchase product screen

IMG: Product screen

  1. Notice that the base price is updated to 40 % of the Purchase price.
    • Sales price = 50 + (50*40%) =56 Euro
  2. Navigate to Sales -> Orders -> Orders
  3. Enter all mandatory details such as Site, Customer, Product, Quantity
  4. Notice that gross price is automatically fetched as per the Sales price calculated based on Purchase price %.
Sales order screen

IMG: Sales Order Screen

Hope this blog helps!

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