# Custom Price Formula Profile

The Custom Price Formula Profile module is used for creating custom price formulas more easily and precisely. This module allows you to define custom price formulas that automatically calculate item prices based on a set of predefined criteria. This will omit the need to update the Custom Prices manually.

This module is app config based. An App Config, "**Enable item price formula calculations"** is available under the General Tab to utilize this feature. 

<figure><img src="/files/24xwWb0gTS2jIKtH6eSR" alt=""><figcaption></figcaption></figure>

If this setting is turned on, the system will allow the users to enter interdependent formulas to calculate prices. For example, the Standard Unit Price formula can be defined as a 30% markup to Standard Unit Cost. These options will be available in the Item module, Item Centre, and the data uploads: Upload Products and Upload Item Prices.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.xorosoft.com/xoroerp-1/admin/item/custom-price-formula-profile.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.