Setting a Pricing Method for Inventory and Services

To set a pricing method for inventory and service items:

  1. In the Home window, from the Setup menu, select Settings.
  2. Open Inventory and Services, and then Options. Select one of the following options:
    1. Calculated using the exchange rate - Automatically calculate the price based on the exchange rate. Use this option if you don't want to add foreign prices to your inventory items, or you prefer to use higher shipping charges when it is more expensive to sell to foreign customers.
    2. Taken from the foreign price listed in the Inventory and Services record - Manually enter a separate foreign price in the inventory record for each individual item. This option is convenient if you:
      • Want to set a foreign price for one or more inventory or service items.
      • Prefer to manually add a higher markup to a foreign price when it is more expensive to sell to foreign customers.
      • Decided not to set up a foreign currency bank account, but want to limit the number of rounding differences you see as a result of exchange rate calculations.
  3. Click OK.