The cost basis field is used to define which of the 3 available cost values should be used when calculating the level price of an item.

 

•The available options are Real, Base, and Market, which may be selected by clicking the drop down menu and selecting the desired value from the list.

 

•It is this cost that is used in the selected Formula, when deriving the level price of the item.

 

•If a Dollar Amount over Cost level price is defined in Inventory Maintenance for a given item, it is this cost that the level price will "float" over.

 

•For more information on Real, Base, and Market costs, see the Cost/Price tab section of chapter 2, Using the File Menu.