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docs/part/pricing.md
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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.
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## 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.