How to Set Up Product Pricing

In this article, we’ll guide you through the process of setting up pricing for your products.

Proper product pricing is essential for both retail and cost management. For retail, it ensures you're competitive while maximizing profit. Setting the correct cost price helps you track expenses and maintain healthy margins. Balancing both allows you to optimize pricing for long-term success.

Step 1: Navigate to Products

NOTE: If you need guidance on how to create products, please check the following article.

Step 2: Access the Pricing Section

Once you've located the product, open the Pricing tab where you can set the following:

Cost Price: Enter the cost price, which is the price at which you purchase the product from your supplier. This helps you track your expenses and manage profit margins.
Retail Price: Enter the retail price, which is the price at which you sell the product to your customers. This ensures you are charging appropriately for your products and maintaining a competitive edge.
Default Tax Rate: Optionally, you can add the default tax rate that applies to the product to ensure accurate pricing with taxes included.

Step 3: Save the changes

Once you've set all the necessary pricing details, click the "Save" button in the top-right corner.

By following these steps, you can efficiently manage product pricing in your inventory, ensuring better cost control and optimized profit margins.

For more guides, refer to related articles below, select additional guides, or use the search bar at the top of the page. These guides will help you get the most out of your Pabau account.

Additionally, to help you fully utilize and understand your Pabau account, we recommend exploring additional guides and resources offered at the Pabau Academy. It offers in-depth video tutorials and lessons, offering a holistic learning experience that can equip you with the essential skills for achieving success with Pabau.