Sources: price products you buy from abroad

A source remembers where a product comes from: the supplier's currency, today's exchange rate, import duty and what you pay to ship it. In the Calculator you pick the source, type the supplier's price, and the cost in your own currency is worked out. You do not have to type everything: pick a ready-made source and most of the form fills in.

Add a source

1. 1Open Sources in the left menu.
2. 2Under Add a source, open Start from a ready-made source and choose a country (China, India, Turkey, USA and many more) or Local supplier.
3. 3Type today's exchange rate: how much of your own currency one unit of the supplier's currency costs. Look it up on any currency site. It changes, so check it when you price.
4. 4Type what you pay to ship, per kg or per item, for each way (Air, Sea). Import duty is optional: ask your customs broker, it differs by product and country.
5. 5Press Save source.

Use it in a calculation

1. 1In the Calculator open Where does it come from? (Source of Product).
2. 2Choose your source, type the buying price in the supplier's currency, and pick the shipping way.
3. 3The converted price, duty and freight are added to your costs by themselves.

Tip. Buying locally and paying in your own currency? Choose Local supplier. There is nothing to fill in.

Watch out. The calculator converts and adds. It does not look up live rates, so check the rate and duty against your own invoices.

Freight by weight, courier, COD and ads

1. 1On the source choose Freight is charged: Per kg, and add the cost per kg for each way to ship.
2. 2In the Calculator enter the item weight. Freight is then worked out from the weight.
3. 3Delivery (closed until you open it): enter the weight and the courier rate. The courier charges the larger of real and volume weight, rounded up to 0.5 kg. If your customer pays a delivery fee, only the rest is added.
4. 4COD stays hidden until you press Show cash-on-delivery fee. Marketing and Other costs have their own cards: type an amount, pick per order, per item or per month.

Common mistakes

• Typing the rate upside down. It is how much of YOUR currency one supplier unit costs, for example 1 CNY = 0.14 USD.
• Forgetting the item weight when freight is charged per kg.
• Leaving an old exchange rate in place for months.