In Brahmin Solutions, you can set three different prices for your products. They are the following:

  1. Purchase Price

  2. Wholesale Price

  3. Retail Price

Purchase Price

The price that you pay your vendor or the price that you purchase your goods for.

  • This is usually set as default to be used in Purchase Orders, when buying from vendors. The price used in the Purchase Order can be changed if needed.

  • Is, along with landed costs, used in the calculation of Moving Average Cost (MAC), and thereby Inventory Value.

Wholesale Price

The price that you sell to your Business Customers (B2B) for in Bulk usually.

  • The price used in the Sales Order can be changed if needed. 

Retail Price

The price that you sell to your Consumers (B2C) for.

  • This is usually set as default to be used in Sales Order.

  • This the price that is usually pushed to your eCommerce store.

Did this answer your question?