About item-related cost price fields

Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

The following example illustrates how the mathematical equations in the Cost price field group are calculated in the Item form. (Click Project management and accounting > Inquiries > Transactions > Item.)

Example

The following assumptions apply to the example:

  • An organization in the United States has a customer in France.

  • The accounting currency of the organization is USD, and the item costs are expressed in USD, also.

  • The customer purchases a quantity of 100 items at a price of USD 20 per item.

The following table explains how the amounts in the item-related cost price fields are calculated in this example.

Field

Method

Formula

Total

Quantity

Quantity of items purchased

100

100

Cost price

Price per item

1 x 15

USD 15

Cost amount

Quantity of items x cost price per item

100 x 15

USD 1,500

See also

Item transactions (form)

Set up cost prices and sales prices for projects

Configuring cost prices, sales prices, and transfer prices