List Price Cost Formula can be entered in Cost field

Set to Yes to allow the clerk to enter the list price cost formula in the Cost field in POS posting. Otherwise set to No.

The formula is "Lnnnnn.nn-nn.nn%" The L tells the system what is being entered is a list price formula. The next parameter is the list price (the nnn.nn). The next parameter is the discount percentage (-nn.nn%).

For example entering "L 100.00 -40%" will yield a cost of 60.00.

Also refer to Option 8451 "Pricing Codes can be entered in Price field" which when enabled will allow you to do the following:
Enter "G26%" in the Price field and enter "L 100.00 -40%" in the Cost field. Once you press Enter to post this item the system will first calculate the cost which will be $60.00 (100 * .60) and then calculate the price of $81.08 (60.00 / .74).

Note: Refer to related Option ID 9348 "Display tool tip for List Price Cost Formula".