{"id":15423,"date":"2018-08-28T11:39:36","date_gmt":"2018-08-28T11:39:36","guid":{"rendered":"http:\/\/www.greytrix.com\/blogs\/sagex3\/?p=15423"},"modified":"2018-08-28T11:39:36","modified_gmt":"2018-08-28T11:39:36","slug":"how-to-define-sales-price-of-product-based-on-purchase-price","status":"publish","type":"post","link":"https:\/\/www.greytrix.com\/blogs\/sagex3\/2018\/08\/28\/how-to-define-sales-price-of-product-based-on-purchase-price\/","title":{"rendered":"How to define Sales price of product based on Purchase Price"},"content":{"rendered":"<p style=\"text-align: justify;\">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.<\/p>\n<p style=\"text-align: justify;\">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.<\/p>\n<p>To setup this functionality, follow below steps-<\/p>\n<ol>\n<li>Navigate to Products -&gt; Purchase Tab<\/li>\n<li>Enter base Purchase price for product.<\/li>\n<li>Note that price here is entered in Euro currency\n<ul>\n<li>e.g. 40 Euro<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<div id=\"attachment_15424\" style=\"width: 1014px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-15424\" class=\"wp-image-15424 size-full\" src=\"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/unit-purchase-price.png\" alt=\"unit purchase price\" width=\"1004\" height=\"551\" srcset=\"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/unit-purchase-price.png 1004w, https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/unit-purchase-price-300x165.png 300w, https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/unit-purchase-price-768x421.png 768w, https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/unit-purchase-price-660x362.png 660w\" sizes=\"(max-width: 1004px) 100vw, 1004px\" \/><p id=\"caption-attachment-15424\" class=\"wp-caption-text\">IMG: Product screen<\/p><\/div>\n<ol start=\"4\">\n<li>Navigate to Products -&gt; Sales Tab<\/li>\n<li>Enter <strong>Price origin<\/strong> as \u2018Purchase price %\u2019 as shown in screenshot below-<\/li>\n<li>Enter <strong>% applied<\/strong> as desired margin in % on purchase price\n<ul>\n<li>e.g. 50%<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<div id=\"attachment_15426\" style=\"width: 1014px\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-15426\" class=\"size-full wp-image-15426\" src=\"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/purchase-product-screen.png\" alt=\"purchase product screen\" width=\"1004\" height=\"572\" srcset=\"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/purchase-product-screen.png 1004w, https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/purchase-product-screen-300x171.png 300w, https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/purchase-product-screen-768x438.png 768w, https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/purchase-product-screen-660x376.png 660w\" sizes=\"(max-width: 1004px) 100vw, 1004px\" \/><p id=\"caption-attachment-15426\" class=\"wp-caption-text\">IMG: Product screen<\/p><\/div>\n<ol start=\"7\">\n<li>Notice that the base price is updated to 40 % of the Purchase price.\n<ul>\n<li>Sales price = 50 + (50*40%) =56 Euro<\/li>\n<\/ul>\n<\/li>\n<li>Navigate to Sales -&gt; Orders -&gt; Orders<\/li>\n<li>Enter all mandatory details such as Site, Customer, Product, Quantity<\/li>\n<li>Notice that gross price is automatically fetched as per the Sales price calculated based on Purchase price %.<\/li>\n<\/ol>\n<div id=\"attachment_15427\" style=\"width: 1007px\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-15427\" class=\"wp-image-15427 size-full\" src=\"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/Sales-order-screen.png\" alt=\"Sales order screen\" width=\"997\" height=\"535\" srcset=\"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/Sales-order-screen.png 997w, https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/Sales-order-screen-300x161.png 300w, https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/Sales-order-screen-768x412.png 768w, https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-content\/uploads\/2018\/08\/Sales-order-screen-660x354.png 660w\" sizes=\"(max-width: 997px) 100vw, 997px\" \/><p id=\"caption-attachment-15427\" class=\"wp-caption-text\">IMG: Sales Order Screen<\/p><\/div>\n<p>Hope this blog helps!<\/p>\n<p><span style=\"font-size: Medium;\"><strong>About Us<\/strong><\/span><br \/>\n<a href=\"https:\/\/www.greytrix.com\/\">Greytrix<\/a> \u2013 a globally recognized Premier Sage Gold Development Partner is a one-stop solution provider for Sage ERP and Sage CRM needs. Being recognized and rewarded for multi-man years of experience, we bring complete end-to-end assistance for your technical consultations, product customizations, data migration, system integrations, third-party add-on development and implementation expertise.<\/p>\n<p><a href=\"https:\/\/www.greytrix.com\/\">Greytrix<\/a>\u00a0caters to a wide range of Sage Enterprise Management (Sage X3) offerings \u2013 a Sage Business Cloud Solution. Our\u00a0unique GUMU&#x2122; integrations include <a href=\"https:\/\/www.greytrix.com\/product\/sage-crm\/gumu-sage-x3-integration\">Sage Enterprise Management (Sage X3) for Sage CRM<\/a>,\u00a0<a href=\"https:\/\/www.greytrix.com\/product\/sage-x3\/gumu-x3-salesforce-integration\">Salesforce.com<\/a> and\u00a0<a href=\"https:\/\/www.greytrix.com\/product\/magento-sage-integrations\/sage-x3-magento\">Magento eCommerce<\/a>\u00a0along with Implementation and Technical Support worldwide for <a href=\"https:\/\/www.greytrix.com\/africa\/product\/consulting\/implementation-planning\">Sage Enterprise Management (Sage X3)<\/a>. Currently we are <a href=\"https:\/\/www.greytrix.com\/africa\">Sage Enterprise Management Implementation Partner<\/a> in East Africa, Middles East, Australia, Asia.\u00a0We also offer best-in-class\u00a0<a href=\"https:\/\/www.greytrix.com\/product\/erp-development\/sage-x3\">Sage X3 customization and development services<\/a>,\u00a0integrated applications such as <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-integration-services\/pos-system\">POS<\/a> | <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-integration-services\/warehouse-management-system\">WMS<\/a> | <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-integration-services\/payment-gateway\">Payment Gateway<\/a> | <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-integration-services\/shipping-system\">Shipping System<\/a> | <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-integration-services\/business-intelligence\">Business Intelligence<\/a> | <a href=\"https:\/\/www.greytrix.com\/product\/sage-x3\/ecommerce-magento-integration\">eCommerce<\/a> and have developed add-ons such as <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-add-ons\/catch-weight\">Catch \u2013 Weight <\/a>\u00a0and <a href=\"https:\/\/www.greytrix.com\/product\/sage-enterprise-management-add-ons\/letter-of-credit\">Letter of Credit<\/a> for Sage Enterprise Management to Sage business partners, end users and Sage PSG worldwide.<\/p>\n<p>Greytrix is a recognized <a href=\"https:\/\/www.greytrix.com\/blogs\/sagecrm\/2017\/07\/26\/greytrix-on-boards-sage-global-rockstar-isv-program-with-gumu-for-sage-crm-sage-x3-solution\/\">Sage Rockstar ISV Partner<\/a> for GUMU&#x2122; Sage Enterprise Management \u2013 Sage CRM integration also listed on <a href=\"https:\/\/www.sage.com\/marketplace\/asb_ListingDetail?listingId=a1h24000007PC3aAAG\" target=\"_blank\" rel=\"noopener\">Sage Marketplace<\/a>; GUMU&#x2122; integration for Sage Enterprise Management \u2013 Salesforce is a 5-star app listed on <a href=\"https:\/\/appexchange.salesforce.com\/listingDetail?listingId=a0N30000000psM5EAI\" target=\"_blank\" rel=\"noopener\">Salesforce AppExchange<\/a>.<\/p>\n<p>For more information on Sage X3 Integration and Services, please contact us at\u00a0<a href=\"mailto:x3@greytrix.com\">x3@greytrix.com<\/a>. We will be glad to assist you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.greytrix.com\/blogs\/sagex3\/2018\/08\/28\/how-to-define-sales-price-of-product-based-on-purchase-price\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[1762,2476,2475,1942,1945,1989,2477],"class_list":["post-15423","post","type-post","status-publish","format-standard","hentry","category-features","tag-sage-enterprise-management","tag-sage-x3-purchase-product-screen","tag-sage-x3-sales-price","tag-sage-x3-technical-assistance","tag-sage-x3-technical-blogs","tag-sales-order-screen","tag-sales-product-screen"],"_links":{"self":[{"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/posts\/15423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/comments?post=15423"}],"version-history":[{"count":1,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/posts\/15423\/revisions"}],"predecessor-version":[{"id":15432,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/posts\/15423\/revisions\/15432"}],"wp:attachment":[{"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/media?parent=15423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/categories?post=15423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/tags?post=15423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}