Price is a markup on the purchase price of the goods which you specify when posting products.
For example, you can have a "Retail" price with a markup of 100% and a "Wholesale" price with a markup of 50% of the purchase price of the products.
When posting, you can automatically calculate the product prices or specify them manually in the product window. When you add a product to work orders, sales, or invoices, you can choose the price for which you want to add it. Also, you can choose the price when you print labels and price tags for products.
In addition, you can use prices and discounts to:
set a default price for products in work orders, sales, or invoices;
set a default type of discount (on the company or the employee's wage);
limit the access rights of employees to certain types of prices;
limit the access rights of employees to discount settings.