List Price vs Item Cost vs Unit Selling Price - Oracle
| List Price - OM Sales Order Screen | List price is the price of the item which gets defaulted from the price list |
| Selling Price | Unit selling price is the price which gets reflected once the discount which is mentioned in the modifier, gets applied. So, (List price-discounts applied ) = unit selling price. |
Item Cost |
the total expenditure to manufacture and package the product |
| Profit | List Price - Item Cost |
List Price - Item Master - Purchasing |
The
value that Oracle Purchasing uses as the default price on a purchase
order, requisition, RFQ, or quotation. |
