# Cost price In business management and accounting, "Cost price" is a key concept used in financial operations, reporting, and compliance in modern ERP systems. --- ## Translations | Language | Code | Translation | |----------|------|-------------| | English | `en` | Cost price | ## Related Terms [Unit price](/glossary/unit-price) · [Cost](/glossary/cost) · [Price list](/glossary/price-list) · [Cost of goods sold](/glossary/cost-of-goods-sold) · [Cost of sales](/glossary/cost-of-sales) · [Weighted average cost](/glossary/weighted-average-cost) · [Actual cost](/glossary/actual-cost) · [Cost allocation](/glossary/cost-allocation) --- :::tip Use Frihet to manage your business Frihet is an AI-native ERP handling invoicing, expenses, taxes, and compliance — in 10+ languages. [Start free →](https://www.frihet.io) :::