Material pricing

In reporting, the term "material price" refers to the cost or price associated with a specific material used in production or operations.

It represents the monetary value assigned to a particular material, which can vary based on factors such as procurement costs, market prices, supplier agreements, or internal pricing policies. Material price is an important metric in reporting as it helps track and analyze the costs and profitability of production processes, inventory management, and overall financial performance.

1. The list of materials.

   • Option to set the price.

2. Option to

3. The option to select a specific material.

In the below table, there are all parameters of material pricing with its description.