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How do I set the cost of my product based on total ingredient cost?
How do I set the cost of my product based on total ingredient cost?

Use your ingredients for costing

Kevin avatar
Written by Kevin
Updated over a week ago

You can predict how much a product costs (a process known as "costing") depending on its Total Ingredient Cost.

Before applying Total Ingredient Cost, you need to create and assign your ingredients to your products.

Apply Total Ingredient Cost to Product Cost

  1. Go to the Product Details of a particular product

  2. Go to the Stock Management tab

3. You will see a Total Ingredient Cost underneath Ingredients.

4. Tick Apply Ingredient Cost to Product Cost


5. Click Save

How is the Total Ingredient Cost calculated?

A Total Ingredient Cost is calculated by the the quantity of the ingredients used in the product, and the cost. The cost depends on your stock levels.
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Example

Each individual ingredient's cost will be evaluated this way, then summed up in the Total Ingredient Cost.

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