When you add any item to a Wecora board, you have the option to input pricing in two different fields for that item:
Selling Price
Unit costs
In Wecora world (and all other worlds really:), "Selling price" is exactly what it sounds like, the price you will charge the end customer or client. By default, this pricing field is found under the VISIBLE tab for your board item (click any board item and you can see the VISIBLE + PRIVATE tabs). If at anytime you wish to hide this price and just keep it stored for you, no problem! Click the eye icon next to the field to make it private.
Now on to UNIT COSTS. "Unit costs" are YOUR costs (think wholesale) associated with that item.
*Please note- unit costs are never publically or with those you choose to share boards with. Even if you wanted to share this info for some reason, you actually can't within Wecora, so need to worry about the visibility of this!
Here are reasons we STRONGLY encourage you to ALWAYS enter in these prices, even if you never intend to share pricing (the selling prices) with clients or feel the pricing isn't relative to the project at that moment (can you hear us begging you!?!).
Live Budgeting - your board is auto-calculated as you work along. Even if you are selling a room or space for a flat fee, you can still utilize the budgeting to stay on top of your profits as you are sourcing items for the project.
The Wecora Image Library- this library is auto-organized from every single item you ever add to boards (organized by project). Why not input the price of an item at the time of capturing it? Even if the price isn't relative today, you may need it the next time you drag and drop that item onto a new board within a different project.
The List View- this view is powerful for telling you in a flash how much you're spending on each board group as well as how far over or under the overall budget you are at any given point.
Tear Sheets- you can utilize these for your vendors, manufacturers, showrooms, contractors and clients if you'd like, but it saves you from having to generate your own. Click the three dots above a board item>CREAT TEAR SHEET.
...because you have to store this info somewhere right? Regardless of the budget, everyone has some sort of budget, right? Why waste time creating Excel spreadsheets or something else to keep up with the numbers for your record? You could always enter both prices (Unit costs and selling prices) and never share either (turn off the visibility for these entirely...FILE>DISPLAY OPTIONS) but at least you would have them organized internally.
Invoicing - utilize Wecora's full integration with Quickbooks, Quickbooks Online, and others for invoicing needs.
All of that to say, Wecora is intended to be so much more than boards with pretty pictures. We hope we've successfully communicated why pricing within Wecora can be powerful for the overall success of your business!