Help · Manufacturing

Update product prices from recipe costs in SeroPOS

When ingredient costs change, update your products' cost from their recipes in one step. On the Manufacturing › Recipe list, tick one or more recipes and click Update product price. SeroPOS sets each product's purchase price to its recipe's current unit cost, worked out from the latest ingredient purchase costs. Your selling prices are not changed, so you can then review margins and adjust prices yourself.

☰ Manufacturing☰ Recipe☰ Update product price
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Steps

  1. Open the recipe list. In the back office sidebar, click Manufacturing. The Recipe list opens.
  2. Check current costs. Open a recipe to see its cost. The price is updated based on ingredient purchase cost, so it already reflects your latest purchases.
  3. Select the recipes. Tick the recipes whose products you want to update. Tick one for a single product, or several to update in bulk.
  4. Update the price. Click Update product price and confirm.
  5. Review your margins. Open the products to compare the new purchase price with the selling price, and change selling prices where the margin has slipped.

Purchase price, not selling price

This action updates the product's purchase price, which is the cost used in profit reports and margin figures. It does not change what customers pay. That keeps you in control: a cost rise shows up in your margins straight away, and you choose whether and when to raise prices.

Do it automatically after production

To keep costs current without clicking, turn on Update product purchase price based on production price, on finalizing production in Manufacturing › Settings. Recipes and production are part of the Pro plan. The Manufacturing item shows in the back office sidebar when your subscription includes it and your role has the recipe or production permissions.

Frequently asked questions

Will this change my menu prices?

No. Update product price sets the product's purchase price from the recipe cost. Selling prices stay as they are until you change them.

Where does the recipe cost come from?

From each ingredient's purchase price times the quantity in the recipe, plus any extra production cost, adjusted for wastage and divided by the output quantity.

How often should I update?

Whenever you receive purchases at new prices for key ingredients. Many kitchens do it weekly or after each big supplier delivery.