---
agentTools:
  projectIndex: https://docs.sumoquote.com/llms.txt
---

# Line Item Options

There are a few ways to set up your pricing structure. The **Product List (default pricing)**, which contains all of the products in your SumoQuote account, can be set up in one way and you can use the **Additional price lists** to utilize other pricing structures.

On this page, we will focus on pricing structure within the **Product List**, but all this information is transferrable when applying pricing to your **Additional price lists**.

## Options for Pricing Structure

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When editing a price list item, there are 2 ways to access your list for editing:

1. Edit from the **Account Settings**:
   1. Go to **Configuration** > **Account Settings** > **Products & Pricing**
   2. Click on the **edit icon** beside the **Product List (default pricing)**.
   3. Search the item you want to edit in the search bar.
   4. Click on the **edit icon** beside the item to open it for editing.
   5. Continue with the instructions to one of the options below [Option 1: Lump Sum Pricing](https://docs.sumoquote.com/docs/product-line-item-options#option-1-lump-sum-pricing) or [Option 2: Cost-Up Pricing](https://docs.sumoquote.com/docs/product-line-item-options#option-2-cost-up-pricing).
2. Edit from within a **Report**:
   1. Open any project and open a report for editing.
   2. Navigate to the **quote details** page and click on the **chainlink** icon in the right corner of the item description box.
   3. Click on **Edit In Price List**.
   4. Continue with the instructions to one of the options below [Option 1: Lump Sum Pricing](https://docs.sumoquote.com/docs/product-line-item-options#option-1-lump-sum-pricing) or [Option 2: Cost-Up Pricing](https://docs.sumoquote.com/docs/product-line-item-options#option-2-cost-up-pricing).

### Option 1: Lump Sum Pricing

1. Enter the total selling price in the **Price** box.
   1. Alternatively, you can utilize the **material** box or **labor** box to record what the cost is. This will populate the **price** box.
2. Click **Save** and your price list line item will be updated.

*Note: If you list only the **Price** and then turn on the [Profitability breakdown feature](https://docs.sumoquote.com/docs/profitability) all of your prices will default to being material costs. We recommend that if you are using the profitability breakdown with lump sum pricing, that you designate whether it is a **material** cost or a **labor** cost.*

![](https://files.readme.io/a889043-Screen_Shot_2022-02-03_at_3.49.56_PM.png "Screen Shot 2022-02-03 at 3.49.56 PM.png")

### Option 2: Cost-Up Pricing

1. Enter the **Material** cost, **Labor** cost, and **Margin** cost.
2. Confirm the total selling price in the **Price** box.
3. Click **Save** and your price list line item will be updated.

![](https://files.readme.io/9c13b41-Screen_Shot_2022-02-03_at_3.48.53_PM.png "Screen Shot 2022-02-03 at 3.48.53 PM.png")

*Follow this link to [Configure your Margin Slider](https://docs.sumoquote.com/docs/margin-slider).*

For more information on editing prices in your [Additional Price Lists click here.](https://docs.sumoquote.com/docs/editing-a-price-list)