> For the complete documentation index, see [llms.txt](https://docs.pakk.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pakk.io/products-and-inventory/pricing/base-price.md).

# Base Price

In Pakk, you only need to maintain a single, canonical sales price, which we refer to as base price. This is the price from which all other prices are ultimately derived.

The level at which you set your *base price* depends on the nature of your business and how you intend to combine the other pricing features, but can largely be summarised as follows:

* For business that are majority wholesale, or consider their wholesale prices as their ‘reference’ prices, then it makes sense to use the wholesale price as their *base price*.
* For business that are retail oriented, then it makes more sense to set their *base price* at, or at least closer to, the final retail price.

Note that *base prices* in Pakk are always expressed exclusive of tax.


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