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Is it possible to update all vendor prices based on 1 vendor price?
For our business, we recuperate operating costs by selling from one subsidiary to another at a markup. China sells to the UK at 10% markup, UK sells to Africa at 30% markup.
As we near deployment, our current system looks to work correctly where we update the prices in a spreadsheet and upload those costs frequently. But for future I'm wondering if it's possible to simply update these vendor prices based on the initial price we set for where our China subsidiary buys from the manufacturer.
I'm not sure how feasible this is, as we purchase from the manufacturers in Yuan, but all other transactions are in GBP, so we would need to have accurate exchange rates attached to the calculations as well.