The invoice cost is sometimes used in industries such as automobile sales to entice customers to buy.
The net purchase cost of a product is the amount of the invoice plus any additional fees and taxes that are incurred.
Different methods exist in accounting for recording the purchase of a product bought at the invoice price.
If any discounts are given, they are itemized as a separate credit to cash, plus the purchase price.
When selling the product on an ecommerce site, businesses normally use the retail price.
The wholesale price should cover time, labor, materials, overhead, employees, etc.