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Price and Cost [message #221471]

Tue, 27 February 2007 00:59

discoverer
Messages: 30
Registered: January 2007

Member

What is the difference b/w a Price and Cost?

--
Pavan

[Updated on: Tue, 27 February 2007 00:59]

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Re: Price and Cost [message #221515 is a reply to message #221471]

Tue, 27 February 2007 04:38

merlinrajesh
Messages: 105
Registered: November 2006
Location: Chennai

Senior Member

Dear Pavan,

Price is what we sell to the customer. Cost is Price minus profit...i.e. what we are spending for that item. It is for internal use...

Thanks & Regards
Merlin Rajesh

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Re: Price and Cost [message #221904 is a reply to message #221515]

Wed, 28 February 2007 23:54

discoverer
Messages: 30
Registered: January 2007

Member

Mr.Rajesh,
Thank you very much for your reply.

Thanks & Regards
Pavan.

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