Calculate the cost price and transfer price

The transfer price can appear in 3 ways, two of which you can set.

  • Fixed transfer price (no calculation, see below)
  • Transfer price based on Average Purchase Price (APP)
  • Transfer price based on Last Purchase Price (LPP)

You can manually change the transfer price per article or change the transfer price collectively using the calculation.

The GIP and LIP are calculated on the basis of the receipt of goods, and are not based on the purchase orders. These prices therefore reflect the actual purchase, instead of the purchase orders.

The calculations use the purchase prices from all goods receipt lines for the article in question starting on the date in the From date of receipt field and through the date in the Through date of receipt field (if you have entered them).

  • If there are no goods receipt lines for the specified time period, then the FSP remains unchanged. If there are goods receipt lines with a price of 0.00 then these lines are not included in the calculation.
  • In the case of receipt lines in foreign currencies, the price per unit in the basic currency is always used. When the goods receipt is entered, the price per unit in the foreign currency is immediately converted to the basic currency. This conversion is based on the exchange rate that is valid on the date of the goods receipt. Which exchange rate is used when the receipt is entered depends on the Use current rates setting. If this check box is selected, the current rate (currency properties, Current rates tab) valid on that date is used. If the check box for this setting has not been selected, then the 'normal' exchange rate is used (currency properties, General tab).

Set/change a fixed transfer price per article

You can set/change the transfer price per article. In that case you enter a new price. The fixed transfer price is used for the valuation of the stock in Profit Financial, the margin (for articles for which the stock is tracked and assembled items of the Explosion type) and as the basis for a calculated new sales price.

Note: 

Profit cannot determine what the stock settings were and what the quantity in stock was on a date in the past. That is why the start date and time for this action always are the system date/time.

Change the fixed transfer price per article

  1. Go to: Order Management / Item / Article.
  2. Open the properties of the article.
  3. Click on the action: Price/discount.
  4. Go to the tab: Settlement price.
  5. Click on: New. 
  6. In Settlement price, enter the new price. 

    In Start date, you see the system date. You cannot modify this field.

  7. Click on: Finish.  

Change/set the cost price per article manually or using a calculation

You can set/change the cost per article.  You can choose either a fixed amount or a calculation based on the purchase price or transfer price.

To change the cost price per article:

  1. Go to:  Order Management / Item / Article.
  2. Open the properties of the article.
  3. Click on the action: Price/discount.
  4. Go to the tab:  Cost price.
  5. Click on:  New. 
  6. If necessary, manually enter the new price in Cost price.

    or

  7. You can select the Price via calculation check box.
  8. Enter a Percentage.
  9. In Calculation basis, select whether you want to calculate the price based on Purchase price (PP) or on Settlement price (TFP).
  10. If applicable, change the Start date.
  11. Click on: Finish.  

See also:

Directly to

  1. Prices (Sales)
  2. Overview of price terminology
  3. View the prices by article
  4. View the prices by sales contact
  5. Add a price for each sales contact
  6. View all prices/discounts per sales contact
  7. Manually change a price in a line
  8. Price by calculation
  9. Calculate the cost price and the transfer price
  10. Sales price
  11. Price list
  12. Promotional price
  13. Add volume prices
  14. Collective price changes
  15. Import prices
  16. Import a ladder when importing a sales price