Profit Model
Setup > Preferences & Costs > Quote Details > Profit Model
Set the profit model that will be used to calculate the prices for quotes and orders.
Options: Margin or Markup
Margin
When the Margin option is selected the Price will calculated by applying a margin.
Price = Cost / (1
- % Margin )
e.g.
Cost = $120.00
Margin = 25%
Price = $120.00 / ( 1 - 0.25) = $160.00
Markup
When the Markup option is selected the Price will calculated by applying a ma.
Price = Cost * (1 + % Margin )
e.g.
Cost = $120.00
Markup = 25%
Price = $120.00 * ( 1 + 0,25) = $150.00
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