Cost price
Cost price is the amount of money it costs to produce a good or service, and what you can sell them for without making a profit.
Cost price
Meaning
Cost price is the amount of money it costs to produce a good or service, and what you can sell them for without making a profit.
Key points
- Cost price appears frequently in invoicing, payment handling, and bookkeeping workflows.
- The term improves clarity between clients, suppliers, and accounting teams.
- Consistent use supports cleaner documentation and better reporting quality.
Practical use
In Nexbal workflows, cost price is used to keep invoice and payment operations structured and auditable.