---
title: "Cost Prices"
canonical: "https://kb.myframeworks.com.au/space/FRAM/28379218/Cost%20Prices"
format: markdown
---
# Overview
Once a Product has been selected, the **Cost Prices** section within the [Product Dashboard](https://sterlandsupport.atlassian.net/wiki/spaces/FRAM/pages/28379182) provides the various cost prices for the selected product, including foreign costs (if applicable), landed costs, branch costs, supplier costs, standard costs and maximum discounts.
# The Cost Prices Tabs
Explore the sections below to learn more about the different tabs of the **Cost Prices** section:
## All Costs
Displays a summary of all cost price information for this product including preferred supplier, branch cost and standard cost. It acts as a quick reference to the overall cost data for this product.
To learn more about the All Costs fields, click here.
**Preferred Supplier**
The preferred supplier selected within **Product Maintenance**.
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**Supplier Cost**
The product cost for your preferred supplier.
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**Product Costing Method**
The product costing method selected as the preferred costing method.
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**Product Market Cost**
The market cost of the product at the product level, expressed in the product's stocking UOM. This field displays the manually entered market cost value. When the market cost was entered using the **Market Cost Calculator** with a source UOM different from the stocking UOM, the value shown here is the converted cost in the stocking UOM, not the original supplier-quoted figure. If no market cost has been entered, this field displays $0.0000.
This field is only visible when the `InvUseProdCostingMth` system flag is enabled.
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**Base Cost**
The base cost of the product before any components of cost are added. The **Base Cost** is derived dynamically from the **Landed Cost** minus the **Total Cost Components** value. The **Base Cost** field is read-only.
> ⚠️ This field is only visible when the `InvUseProdCostingMth` system flag is enabled.
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**Product Cost**
The product’s cost based on the selected preferred costing method.
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**Branch Cost**
The cost of this product based on your branch.
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**Branch Avg Cost**
The average cost of this product based on your branch.
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**Retail Price GST EXC**
The base sell price for this product excluding GST.
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**Retail Price GST INC**
The base sell price for this product including GST.
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**Branch Std G.P.%**
The branch gross profit percentage (G.P.%) based on the branch standard cost and sell.
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**Branch Avg G.P.%**
The average gross profit based on your branch.
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### Last Receipt
**Supplier**
The supplier this item was last receipted from.
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**Total Cost Components**
The total value of all currently effective cost components applied to the product at the product master level. The **Total Cost Components** value is calculated and stored by the **Apply Product Components of Cost** scheduled task.
> ⚠️ This field is only visible when the `InvUseProdCostingMth` system flag is enabled.
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**Components of Cost**
The **Components of Cost** button opens the **Components of Cost** breakdown window, which displays each applicable cost component with its value, type and calculated amount for the product. Refer to Understanding Components of Cost for information about the breakdown viewer.
> ⚠️ This button is only visible when the `InvUseProdCostingMth` system flag is enabled.
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**Purchase Order**
The most recently receipted purchase order that contained this product.
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**Date Received**
Date the most recent purchase order was receipted.
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**Qty Received**
The quantity of this product receipted in the last order.
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**Supplier Cost**
The unit price on the last received purchase order for this product.
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**Supplier Cost AUD**
The unit price on the last received purchase order for this product in Australian Dollars (AUD).
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**Shipping Basis**
The shipping basis (code) used for the last receipted purchase order containing this product.
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## Foreign Costs
Displays cost information for a product that is being imported.
## Landed Cost
Displays the landed cost of the product along with wastage that is applied to arrive at a net cost for this product.
## Branch Costs
Displays branch costs and gross profit information.
To learn more about the Branch Costs fields, click here.
**Costing Method**
The costing method assigned to the product at the branch level. The **Costing Method** determines how the branch cost is derived.
> ⚠️ This field is only visible when the `InvUseProdCostingMth` system flag is enabled.
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**Market Cost**
The market cost of the product at the branch level, expressed in the product's stocking UOM. When the market cost was entered using the **Market Cost Calculator** with a different source UOM, the value shown here is the result after conversion to the stocking UOM, not the original supplier-quoted cost. This value is used when the branch **Costing Method** is set to **Market Cost**.
> ⚠️ This field is only visible when the `InvUseProdCostingMth` system flag is enabled.
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**Base Cost**
The base cost of the product at the branch level before any components of cost are added. The **Base Cost** is derived dynamically from the branch cost minus the **Total Cost Components** value. The **Base Cost** field is read-only.
> ⚠️ This field is only visible when the `InvUseProdCostingMth` system flag is enabled.
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**Total Cost Components**
The total value of all currently effective cost components applied to the product at the branch level. The **Total Cost Components** value is calculated and stored by the **Apply Product Components of Cost** scheduled task. Branch-level cost components may differ from the product master level where branch-specific or region-specific rules are defined.
> ⚠️ This field is only visible when the `InvUseProdCostingMth` system flag is enabled.
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**Components of Cost**
The **Components of Cost** button opens the **Components of Cost** breakdown window for the product at the branch level. The button is disabled if no branch cost is defined for the product.
> ⚠️ This button is only visible when the `InvUseProdCostingMth` system flag is enabled.
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**Branch Cost**
The cost of the product at the branch level, inclusive of any cost components and cost loading.
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**Branch Cost Changes**
The **Branch Cost Changes** section displays the cost change values for the branch. These fields allow adjustments to the branch cost.
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**Branch Average Cost**
The weighted average cost of the product at the branch level, calculated from historical receipting transactions.
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**Supplier Cost**
The supplier cost of the product at the branch level.
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**Last Buy Cost**
The cost of the product on the most recent purchase at the branch level.
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**Branch Std G.P.%**
The branch gross profit percentage based on the branch standard cost and sell price.
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**Branch Ave G.P.%**
The average gross profit percentage based on the branch average cost and sell price.
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## Supplier Costs
Displays supplier costs for the preferred or alternate supplier (according to your selection).
Both standard and cost area prices are displayed along with freight and rebates which might affect the net cost.
To learn more about the Supplier Costs fields, click here.
These costs can be hidden based on a user's setting. If the user has* Restrict Cost Views* activated (set to "yes") *Stock Enquiry* activated (set to "yes") , they will not be able to view any Supplier Costs. Refer to [DC Cost Security User Maintenance](https://sterlandsupport.atlassian.net/wiki/spaces/prostix/pages/31100437) in the [DC Cost Security User Guide](https://sterlandsupport.atlassian.net/wiki/spaces/prostix/pages/31100433) for an explanation of the fields used to update a user's settings.
**Invoice Cost**
Displays the Supplier Invoice cost set on the product record.
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**Nett Cost **
Displays the partially rebated cost set on the product record (based on the *Sales %* field)
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**Fully Reb. Cost **
Displays the fully rebated cost set on the product record (based on the *Full Rebate %* field).
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> ✅ Refer to [Supplier Rebates](https://sterlandsupport.atlassian.net/wiki/spaces/prostix/pages/31103151) in the [Inventory Management User Guide](https://sterlandsupport.atlassian.net/wiki/spaces/prostix/pages/31101262) to set product Supplier Rebate percentages to calculate the invoice cost, nett cost and fully rebated cost figures.
## Standard Costs
Displays the standard cost and gross profit information.
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# Additional Information
> ✅ - Refer to [Product Maintenance](https://sterlandsupport.atlassian.net/wiki/spaces/FRAM/pages/28378114) for more information on maintaining costs.
> ✅ - Refer to [Understanding Market Cost and UOM Conversion](https://sterlandsupport.atlassian.net/wiki/spaces/FRAM/pages/714801314) for an explanation of how market cost UOM conversion works and how converted values are stored.
> ✅ - Refer to [Use the Market Cost Calculator](https://sterlandsupport.atlassian.net/wiki/spaces/FRAM/pages/716472333) for step-by-step instructions on converting a supplier-quoted cost to the stocking UOM.