COSTINGS
	Ingredients in Recipes
	• Cost for each Recipe Item taken from Ingredient Cost • Price factored by quantity and Unit of Measure Conversion Factors • Prices shown for each Recipe Line and a total for the Recipe • Mix Product Price calculated from stated yield from a Recipe
	Product Prices
	• All Products include a Product Category which identifies the Margins • Mix Product Price calculated from the Recipe Yield • Selling Prices for calculated from Margins and Mix Product Price • Facilities to over-ride calculated Selling Prices and record Price to Use • Can make over-ride prices specific to a Customer • All Invoicing will use an over-ride price if present.
	Price Changes
	• Changing Ingredient or Margins triggers Price Updates on Products • Provision for applying percentage updates to Products / Ingredients ...........Will be limited to data meeting user entered selection criteria
	History
	• Historical information on Sales • Shows prices at time of Sale (ignores latest prices) • Can show totals by month / year / Customer / Product

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MARGINS AND SALES CATEGORIES

The system has the ability to calculate recommended selling prices based on the production costs of the ingredients. The calculated cost can subsequently be over-ridden by either a general "Cost To Use" or one which is specific to a customer (typically used for a customer who earns an extra discount due to volume or a higher cost to cover increased delivery costs).

For any Product, the system holds a number of prices divided up by reference to the market - Retail, Wholesale, Weekly Orders, etc.. Products are further sub-divided by the type of Product such as Patisseries, Savories, Sandwiches, etc..

For each Product Type and Market Sector, a margin can be defined to convert the Recipe Cost (which is a simple sum of costs of the ingredients used) into a Calculated Selling Price. The margin is intended to cover indirect costs plus an element of profit.

For all features that use a Selling Cost, the cost used is based on selecting the Product Market then checks for a "Customer Price" or "General Price To Use". If no price is found under these categories, the "Calculated Selling Price" is used. Thus the system will calculate the majority of prices with the user amending prices by exception.

 

 

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