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		| @@ -6,9 +6,12 @@ title: Pricing | |||||||
|  |  | ||||||
| InvenTree provides multi-currency pricing support via the [django-money](https://django-money.readthedocs.io/en/latest/) library. | InvenTree provides multi-currency pricing support via the [django-money](https://django-money.readthedocs.io/en/latest/) library. | ||||||
|  |  | ||||||
|  | ### Terminology | ||||||
|  |  | ||||||
| Cost - The theoretical amount of money required to pay for something.   | Cost - The theoretical amount of money required to pay for something.   | ||||||
| Price - The actual amount of money paid.   | Price - The actual amount of money paid.   | ||||||
|  |  | ||||||
|  | ### Pricing points | ||||||
|  |  | ||||||
| | Price | Description | Linked to | | | Price | Description | Linked to | | ||||||
| | --- | --- | ---|  | | --- | --- | ---|  | ||||||
| @@ -27,6 +30,7 @@ The pricing tab of a part provides all avalable pricing information for that par | |||||||
| As parts can have price ranges it is important to set the correct amount in the first panel to get an accurate price. | As parts can have price ranges it is important to set the correct amount in the first panel to get an accurate price. | ||||||
|  |  | ||||||
| ### Currency in the graphs and tables | ### Currency in the graphs and tables | ||||||
|  |  | ||||||
| All money-values are adjusted to the default currency at the current exchange rates (see [currency conversion](#/#currency-conversion) for more information). This can squew historical data but is necessary to easaly compare values. | All money-values are adjusted to the default currency at the current exchange rates (see [currency conversion](#/#currency-conversion) for more information). This can squew historical data but is necessary to easaly compare values. | ||||||
|  |  | ||||||
| ### Supplier cost / prices | ### Supplier cost / prices | ||||||
| @@ -48,12 +52,6 @@ Sale prices are always to customers (through [sale orders](../companies/so.md)) | |||||||
|  |  | ||||||
| The panel also shows historical sale price information collected from past [purchase orders](../companies/po.md). | The panel also shows historical sale price information collected from past [purchase orders](../companies/po.md). | ||||||
|  |  | ||||||
| ## Considerations for pricing |  | ||||||
|  |  | ||||||
| Pricing in InvenTree supports various degrees of complexity. The following use cases provide an insight into possible ways to use the available tools. |  | ||||||
|  |  | ||||||
| TODO |  | ||||||
|  |  | ||||||
| ## Currency conversion | ## Currency conversion | ||||||
|  |  | ||||||
| Automatic updating of currency conversion rates can be provided via the [exchangerate.host](https://exchangerate.host/#/) API. | Automatic updating of currency conversion rates can be provided via the [exchangerate.host](https://exchangerate.host/#/) API. | ||||||
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