--- title: INVENTORY - Prices and Units Tab description: Understanding Inventory Units of Measure / Levies / Pricing --- [Skip to content](https://cs.geminilogic.com/en/manual/inventory-prices-and-units-tab#main-content) English Show submenu for translations [New Ticket](https://cs.geminilogic.com/en/manual/kb-tickets/new?hsLang=en) [Customer portal](https://cs.geminilogic.com/tickets-view?hsLang=en) ![Gemini-Logic-Logo (1).png\]](https://cs.geminilogic.com/hs-fs/hubfs/Gemini-Logic-Logo%20(1).png?height=40&name=Gemini-Logic-Logo%20(1).png) - Home - Products - Pricing - Blog - Company Open main navigation Close main navigation - Home - Products - Pricing - Blog - Company - English Show submenu for translations - [New Ticket](https://cs.geminilogic.com/en/manual/kb-tickets/new) - [Customer portal](https://cs.geminilogic.com/tickets-view) - [Go to Gemini Logic](https://www.geminilogic.com/) [Go to Gemini Logic](https://www.geminilogic.com/) Search the User Manual - There are no suggestions because the search field is empty. 1. [User Manual](https://cs.geminilogic.com/en/manual?hsLang=en) 2. [Spire User Manual - Inventory](https://cs.geminilogic.com/en/manual/spire-user-manual-inventory?hsLang=en) 3. [Pricing](https://cs.geminilogic.com/en/manual/spire-user-manual-inventory?hsLang=en#pricing) # INVENTORY - Prices and Units Tab ## Understanding Inventory Units of Measure / Levies / Pricing         **![InventoryPricesAndUnitsTab](https://cs.geminilogic.com/hs-fs/hubfs/InventoryPricesAndUnitsTab.png?width=688&height=525&name=InventoryPricesAndUnitsTab.png)** ### **Units of Measure** – option to establish more than one unit of measure, to be used in conjunction with purchasing, selling or tracking stock - New Unit of Measure - click ![](https://cs.geminilogic.com/hubfs/image-png-Aug-01-2022-04-49-12-40-PM.png)  **New** and the fields will open up to enter the following information: - - **Set Sales UOM** - establishes this UOM as the default for all new Sales Orders (can be changed inside the order) - **Set Purchase UOM** - establishes this UOM as the default for all new Purchase Orders (can be changed inside the order) - enter the new **Code** of up to 10 characters, and **Description** - enter the **Quantity Factor** (conversion of this unit from the Stock Unit) - option to allow ![CheckBoxCheckedBlue](https://cs.geminilogic.com/hs-fs/hubfs/CheckBoxCheckedBlue.png?width=16&height=16&name=CheckBoxCheckedBlue.png) Fractional Quantities on a Sales Order or Purchase Order - enter checkmark under ![CheckBoxCheckedBlue](https://cs.geminilogic.com/hs-fs/hubfs/CheckBoxCheckedBlue.png?width=16&height=16&name=CheckBoxCheckedBlue.png) **Sell** if this UOM is allowed to be selected in Sales Orders - enter checkmark under ![CheckBoxCheckedBlue](https://cs.geminilogic.com/hs-fs/hubfs/CheckBoxCheckedBlue.png?width=16&height=16&name=CheckBoxCheckedBlue.png) **Buy** if this UOM is allowed to be selected in Purchase Orders - option to establish the warehouse **Location** for this unit of measure - option to establish the **Weight** for this unit of measure (used on pick/ship lists) - accept or change the **Sell Price(s)** for the new unit of measure in one of two ways in the **Pricing** section:![InventoryPricesAndUnitsPricing](https://cs.geminilogic.com/hs-fs/hubfs/InventoryPricesAndUnitsPricing.png?width=630&height=184&name=InventoryPricesAndUnitsPricing.png) - - select the Unit of Measure and manually enter the price (ie $150.00) - enter a **Price Factor** (12 is shown here) which will calculate from the Stock Unit of Measure Sell Price - Set Default Unit of Measure in Edit \> Company Settings \> Inventory \>Miscellaneous \>         ![CompanySettingsInventoryDefaultStockUOM](https://cs.geminilogic.com/hs-fs/hubfs/CompanySettingsInventoryDefaultStockUOM.png?width=574&height=157&name=CompanySettingsInventoryDefaultStockUOM.png) ### **Levies** \- if this Inventory Item attracts charges that need to be reported (ie: disposal fees) **![InventoryPricesAndUnitsLevy](https://cs.geminilogic.com/hs-fs/hubfs/InventoryPricesAndUnitsLevy.png?width=688&height=424&name=InventoryPricesAndUnitsLevy.png)** - Levy setup:        ![InventoryTextMenuLevies](https://cs.geminilogic.com/hs-fs/hubfs/InventoryTextMenuLevies.png?width=153&height=230&name=InventoryTextMenuLevies.png)      ![LevySetup](https://cs.geminilogic.com/hs-fs/hubfs/LevySetup.png?width=276&height=255&name=LevySetup.png) - set a unique **Code** of up to 3 characters - enter a **Description** - assign the **Amount** by ![RadialButtonBlue](https://cs.geminilogic.com/hs-fs/hubfs/RadialButtonBlue.png?width=16&height=16&name=RadialButtonBlue.png) **$** or ![RadialButtonBlue](https://cs.geminilogic.com/hs-fs/hubfs/RadialButtonBlue.png?width=16&height=16&name=RadialButtonBlue.png) **%** - option to assign a **Sales Tax Provider Code** (see [Avatax Integration](https://cs.geminilogic.com/en/manual/inventory-prices-and-units-tab#AvataxIntegration)) - enter any **Sales Tax Code** that this Levy is exempt from (see [Inventory - Sales Tax Exceptions](https://cs.geminilogic.com/en/manual/inventry-sales-tax-exceptions?hsLang=en)) ### **Pricing** set an unlimited number of **Sell Prices** per Inventory item and link them to your Customers                - ![AddNewIcon](https://cs.geminilogic.com/hs-fs/hubfs/AddNewIcon.png?width=28&height=28&name=AddNewIcon.png) establish a new **Sell Price**![InventoryPricesAndUnitsTabPricingNew-1](https://cs.geminilogic.com/hs-fs/hubfs/InventoryPricesAndUnitsTabPricingNew-1.png?width=655&height=500&name=InventoryPricesAndUnitsTabPricingNew-1.png) - select from pre-set **Price Levels** ([see Price Level setup below)](https://cs.geminilogic.com/en/manual/inventory-prices-and-units-tab#PriceLevels)                     **![InventoryPricesAndUnitsTabPricingSetup](https://cs.geminilogic.com/hs-fs/hubfs/InventoryPricesAndUnitsTabPricingSetup.png?width=345&height=272&name=InventoryPricesAndUnitsTabPricingSetup.png)** - option to establish an **Effective Date** for this price - set the **Sell Price** in one of 3 ways: - enter the price in manually - use the ![InventorySellPricesSetMarginIcon](https://cs.geminilogic.com/hs-fs/hubfs/InventorySellPricesSetMarginIcon.png?width=25&height=25&name=InventorySellPricesSetMarginIcon.png) **Set Margin** - select a **Cost** basis then value for this Price calculation - use the ![InventorySellPricesSetMarginIcon](https://cs.geminilogic.com/hs-fs/hubfs/InventorySellPricesSetMarginIcon.png?width=25&height=25&name=InventorySellPricesSetMarginIcon.png) **Set Markup** - select a **Cost** basis then value for this Price calculation - once options described above are set, there is a further option to ![InventoryListSellPricesTabChangePriceIcon](https://cs.geminilogic.com/hs-fs/hubfs/InventoryListSellPricesTabChangePriceIcon.png?width=25&height=20&name=InventoryListSellPricesTabChangePriceIcon.png) **Adjust By %** - set ![InventorySellPricRoundPrice](https://cs.geminilogic.com/hs-fs/hubfs/InventorySellPricRoundPrice.png?width=28&height=20&name=InventorySellPricRoundPrice.png) **Round Price** to select the number of decimal places you want in this Price - - link to your **Customers** - Customers \> Addresses tab \> Pricing sub-tab \> Sell Price Level                   ![CustomerAddressesPricing](https://cs.geminilogic.com/hs-fs/hubfs/CustomerAddressesPricing.png?width=539&height=188&name=CustomerAddressesPricing.png) - - - if the Customer is assigned a foreign Currency, no need to assign a Sell Price Level, as Spire will automatically assign the correct Currency-assigned **Sell Price Level** (see Price Level setup below) - **Edit** existing Sell Prices by selecting the Price and click on ![InventoryListSellPricesTabChangePriceIcon](https://cs.geminilogic.com/hs-fs/hubfs/InventoryListSellPricesTabChangePriceIcon.png?width=25&height=20&name=InventoryListSellPricesTabChangePriceIcon.png) **Change Price** - also manage all Sell prices through the Inventory module : ![InventorySellPricesTab](https://cs.geminilogic.com/hs-fs/hubfs/InventorySellPricesTab.png?width=688&height=280&name=InventorySellPricesTab.png) - - - - select the Sell Price(s) you wish to change and click ![InventoryListSellPricesTabChangePriceIcon](https://cs.geminilogic.com/hs-fs/hubfs/InventoryListSellPricesTabChangePriceIcon.png?width=25&height=20&name=InventoryListSellPricesTabChangePriceIcon.png) **Change Price** (or double-click on the Sell Price line                                    ![InventorySellPricesTabChangePrice](https://cs.geminilogic.com/hs-fs/hubfs/InventorySellPricesTabChangePrice.png?width=408&height=121&name=InventorySellPricesTabChangePrice.png) - - - - - select **Create New** (using the selected Price(s) as a template) or **Change Existing**              ![InventorySellPricesTabChangePriceCreateNew](https://cs.geminilogic.com/hs-fs/hubfs/InventorySellPricesTabChangePriceCreateNew.png?width=635&height=286&name=InventorySellPricesTabChangePriceCreateNew.png) - - - - - - create / change your **Sell Price** in one of 3 ways: - manually enter the **Sell Price** in the grid - use the ![InventorySellPricesSetMarginIcon](https://cs.geminilogic.com/hs-fs/hubfs/InventorySellPricesSetMarginIcon.png?width=25&height=25&name=InventorySellPricesSetMarginIcon.png) **Set Margin** - select a **Cost** basis then value for this Price calculation - use the ![InventorySellPricesSetMarginIcon](https://cs.geminilogic.com/hs-fs/hubfs/InventorySellPricesSetMarginIcon.png?width=25&height=25&name=InventorySellPricesSetMarginIcon.png) **Set Markup** - select a **Cost** basis then value for this Price calculation - once options described above are set, there is a further option to    ![InventoryListSellPricesTabChangePriceIcon](https://cs.geminilogic.com/hs-fs/hubfs/InventoryListSellPricesTabChangePriceIcon.png?width=25&height=20&name=InventoryListSellPricesTabChangePriceIcon.png) **Adjust By %** - set ![InventorySellPricRoundPrice](https://cs.geminilogic.com/hs-fs/hubfs/InventorySellPricRoundPrice.png?width=28&height=20&name=InventorySellPricRoundPrice.png) **Round Price** to select the number of decimal places you want in this Price - option to ![InventorySellPricesTabChangePriceCreateRemoveConflicts](https://cs.geminilogic.com/hs-fs/hubfs/InventorySellPricesTabChangePriceCreateRemoveConflicts.png?width=28&height=27&name=InventorySellPricesTabChangePriceCreateRemoveConflicts.png) **Remove Conflicts** to ensure you are not creating duplicate prices #### ![InventoryPriceLevelsIcon](https://cs.geminilogic.com/hs-fs/hubfs/InventoryPriceLevelsIcon.png?width=35&height=31&name=InventoryPriceLevelsIcon.png) Price Levels  ![InventoryTextMenuPriceLevels](https://cs.geminilogic.com/hs-fs/hubfs/InventoryTextMenuPriceLevels.png?width=179&height=269&name=InventoryTextMenuPriceLevels.png) - ![AddNewIcon](https://cs.geminilogic.com/hs-fs/hubfs/AddNewIcon.png?width=35&height=35&name=AddNewIcon.png) setup a new **Price Level**   ![InventoryPriceLevelsNew](https://cs.geminilogic.com/hs-fs/hubfs/InventoryPriceLevelsNew.png?width=350&height=430&name=InventoryPriceLevelsNew.png) - establish  a unique **Code**   **![InventoryPriceLevelSetup](https://cs.geminilogic.com/hs-fs/hubfs/InventoryPriceLevelSetup.png?width=378&height=209&name=InventoryPriceLevelSetup.png)** - assign a **Description** of choice - assign the foreign **Currency** of the Customers this price will be used for (no need to                 assign this if it's a base currency price) - establish if this is the **Main** price, whereby this price will load in a Sales Order if no other Price Level is chosen in the Sales Order, and if there are no other price or discount settings loading from the Price Matrix (you can establish one **Main** Price Level per currency) - assign a unique **Foreground** and **Background** colour for display in these areas: - - Price Levels List \> **Description** column - - Inventory \> Selling Prices tab - **Price Level Description** column - Sales Order - **Unit Price** field - - **Prices and Units List Customization -** see [Inventory List Customization](https://cs.geminilogic.com/en/manual/inventory_access-list-functionality?hsLang=en)   for other pricing options, see also **[Price Matrix](https://cs.geminilogic.com/en/manual/price-matrix-add-edit-delete?hsLang=en)** - [Spire Systems - General Knowledge Base](https://cs.geminilogic.com/en/manual/spire-systems-general-knowledge-base?hsLang=en#main-content) - [Tips and Tricks](https://cs.geminilogic.com/en/manual/spire-systems-general-knowledge-base?hsLang=en#tips-and-tricks) - [Spire Administration - General Ledger](https://cs.geminilogic.com/en/manual/spire-systems-general-knowledge-base?hsLang=en#spire-administration-general-ledger) - [Spire Administration - Sales](https://cs.geminilogic.com/en/manual/spire-systems-general-knowledge-base?hsLang=en#spire-administration-sales) - [Spire Administration - Inventory](https://cs.geminilogic.com/en/manual/spire-systems-general-knowledge-base?hsLang=en#spire-administration-inventory) - [Analytics for Spire](https://cs.geminilogic.com/en/manual/analytics-for-spire?hsLang=en) - [Spire User Manual - System Overview](https://cs.geminilogic.com/en/manual/spire-user-manual-system-overview?hsLang=en) - [Spire User Manual - User Settings](https://cs.geminilogic.com/en/manual/spire-user-manual-user-settings?hsLang=en) - [Spire User Manual - Vendors](https://cs.geminilogic.com/en/manual/spire-user-manual-vendors?hsLang=en) - [Spire User Manual - Inventory](https://cs.geminilogic.com/en/manual/spire-user-manual-inventory?hsLang=en#main-content) - [Pricing](https://cs.geminilogic.com/en/manual/spire-user-manual-inventory?hsLang=en#pricing) - [Spire User Manual - Price Matrix](https://cs.geminilogic.com/en/manual/spire-user-manual-price-matrix?hsLang=en) - [Spire User Manual - Purchase Orders](https://cs.geminilogic.com/en/manual/spire-user-manual-purchase-orders?hsLang=en) - [Spire User Manual - Sales Orders](https://cs.geminilogic.com/en/manual/spire-user-manual-sales-orders?hsLang=en) - [Spire User Manual - Keyboard Shortcuts](https://cs.geminilogic.com/en/manual/spire-user-manual-keyboard-shortcuts?hsLang=en) - [Spire User Manual - Company Settings](https://cs.geminilogic.com/en/manual/spire-user-manual-company-settings?hsLang=en) - [Spire User Manual - New Instal/Company Setup](https://cs.geminilogic.com/en/manual/spire-user-manual-new-instal-company-setup?hsLang=en) - [Spire User Manual - General Ledger](https://cs.geminilogic.com/en/manual/spire-user-manual-general-ledger?hsLang=en) - [Spire User Manual - Accounts Receivable](https://cs.geminilogic.com/en/manual/spire-user-manual-accounts-receivable?hsLang=en) - [Spire User Manual - Accounts Payable](https://cs.geminilogic.com/en/manual/spire-user-manual-accounts-payable?hsLang=en) - [Spire User Manual - Payroll](https://cs.geminilogic.com/en/manual/spire-user-manual-payroll?hsLang=en) - [Spire User Manual - Production Manager](https://cs.geminilogic.com/en/manual/spire-user-manual-production-manager?hsLang=en) - [Spire User Manual - Service Manager](https://cs.geminilogic.com/en/manual/spire-user-manual-service-manager?hsLang=en) - [Spire User Manual - User Defined Fields](https://cs.geminilogic.com/en/manual/spire-user-manual-user-defined-fields?hsLang=en) - [Spire User Manual - Job Costing](https://cs.geminilogic.com/en/manual/spire-user-manual-job-costing?hsLang=en) - [HubSpot](https://cs.geminilogic.com/en/manual/hubspot?hsLang=en#main-content) - [Updates](https://cs.geminilogic.com/en/manual/hubspot?hsLang=en#updates) - [Gemini Logic](https://cs.geminilogic.com/en/manual/gemini-logic?hsLang=en) - [Shipping](https://cs.geminilogic.com/en/manual/shipping?hsLang=en) - [Sales Taxes](https://cs.geminilogic.com/en/manual/sales-taxes?hsLang=en) - [Spire User Manual](https://cs.geminilogic.com/en/manual/spire-user-manual?hsLang=en#main-content) - [Customers](https://cs.geminilogic.com/en/manual/spire-user-manual?hsLang=en#customers) - Home - Products - Pricing - Blog - Company [![Chill listening crop-3](https://cs.geminilogic.com/hs-fs/hubfs/Gemini%20Logic%20-%20Black-1.png?width=77&height=24&name=Gemini%20Logic%20-%20Black-1.png "Chill listening crop-3")](https://www.geminilogic.com/) Gemini Logic Copyright © 2026, 9858733 Canada Inc. (Gemini Logic)