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Avalara Help Center

What are, and why do you need cost prices?

Cost prices are the individual price of one unit of a product, it represents the good's actual value and excludes VAT, shipment costs, or any other additional fees.

These are required to report your stock movements for all products that are shipped between countries. As goods are moved from one warehouse to another, from one EU State to another, this is classed as a Fulfilment Centre (FC) Transfer. When submitting VAT returns, each country needs to know the value of stock that was moved in and out of their country.