Inventory material price settings can be based on a fixed Cost or a Calculated Cost.   In this example, we've set our Task pricing to use the Average Cost plus a 30% markup.

Suppose you're out on a job and you raise a purchase order for this item; the cost that will show on the purchase order is $309.4444. However, the supplier has raised their price and their invoice shows $320.00 for the item. In this case, AroFlo will do two things:

• apply the new price of $320.00 + 30% ($416.00) to the task
• update the Calculated Cost (in this case, the average cost) on the inventory item.

Back on the task, the actual material cost from our Purchase Order is used, then our 30% markup is added to calculate the Sell Ex price:

In our Inventory, the material's Calculated Average Cost has been recalculated and updated. If this item is added directly to a task, the updated Average Cost will be used as the basis for any costing calculations.