64 lines
4.0 KiB
HTML
64 lines
4.0 KiB
HTML
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<!doctype HTML public "-//W3C//DTD HTML 4.0 Frameset//EN">
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<html>
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<head>
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<meta http-equiv="Content-Type" content="text/html; charset=windows-1252">
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<meta name="generator" content="Adobe RoboHelp 2019">
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<title>Price/Cost Relationship</title>
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<link rel="StyleSheet" href="../qbpos.css" type="text/css">
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<style type="text/css">
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/* FORCE ALL FONTS TO 12PT */
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* { font-size: 12pt !important; }
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body, p, li, ol, ul, div, span, td, th, h1, h2, h3, h4, h5, h6 { font-size: 12pt !important; }
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</style>
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<style title="hcp" type="text/css">
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<!--
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span.hcp1 { color:#c0c0c0; }
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span.hcp2 { font-weight:bold; }
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font.hcp3 { font-weight:bold; }
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-->
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</style>
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</head>
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<body>
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<script type="text/javascript" src="../ehlpdhtm.js" language="JavaScript1.2"></script>
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<p class="Help-Heading-1" style="background-color: #008000;">Price/Cost Relationship</p>
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<p class="Help-Text"><a href="inven_avgunitcost.htm">Average Unit Cost</a> <span class="hcp1">|</span> <a href="inven_ordercost.htm">Order Cost</a> <span class="hcp1">|</span> <a href="inven410.htm">Enter Item Cost and Prices</a></p>
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<div>
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<p style="text-align: right; font-family: Arial, sans-serif; color: #800000;"><span>Basic</span> </p>
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</div>
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<p class="Help-Note"><span class="hcp2">Note</span>: The ability to see cost fields, including margin and markup and other fields related to cost, can be controlled by <a href="../qbpos_secadmin/secadminoverview.htm">security rights</a>. If you do not have the right to view item costs, the fields will be masked like this "*****". This right affects cost fields in inventory and on all documents and reports.</p>
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<p class="Help-Text"> </p>
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<p class="Help-Text">Margin (<font class="hcp3">Margin %</font> field) expresses the profit relationship between what you paid for an item (average unit cost) and its regular price. Markup (<font class="hcp3">Markup %</font> field) is an alternative way to express the difference between an items cost and its price. Markup is a simple percentage increase from the item cost.</p>
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<p class="Help-Text">There is an inter-relationship between the margin/markup fields and the other price/cost fields as follows:</p>
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<ul>
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<li class="p-Help-Bulleted" style="margin-left: -20px;">
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<p class="Help-Bulleted">Enter either a margin or a markup percentage, and Point of Sale will calculate and display the other value for you. The two fields have identical behavior.</p>
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</li>
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<li class="p-Help-Bulleted" style="margin-left: -20px;">
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<p class="Help-Bulleted">Define a margin or markup in a department record, and Point of Sale will calculate your regular price and the prices at your optional price levels for you as <span class="hcp2">new</span> items are added to inventory in this department (if the regular price is not manually entered).</p>
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</li>
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<li class="p-Help-Bulleted" style="margin-left: -20px;">
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<p class="Help-Bulleted">If you or a receiving voucher update the average unit cost, the margin and markup percentages are recalculated. Prices are recalculated only if previously $ 0 (zero), although you can edit the price yourself from the receiving voucher.</p>
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</li>
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<li class="p-Help-Bulleted" style="margin-left: -20px;">
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<p class="Help-Bulleted">Edit the margin or markup manually for an existing item in inventory, and Point of Sale will recalculate your regular price and the prices at your optional price levels.</p>
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</li>
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<li class="p-Help-Bulleted" style="margin-left: -20px;">
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<p class="Help-Bulleted">Edit your regular price; the prices at other price levels are recalculated to maintain your specified markdown percentages. The margin and markup are also recalculated.</p>
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</li>
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<li class="p-Help-Bulleted" style="margin-left: -20px;">
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<p class="Help-Bulleted">Edit the price or markdown percentage of any optional price level; the change to one price level has no affect on other prices.</p>
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</li>
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</ul>
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<p class="Related-Topics">Related Topics</p>
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<p class="Help-Text"><a href="../qbpos_departments/dept309.htm">Use department pricing formulas for new items</a></p>
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<p class="Help-Text"><a href="inven404.htm">Edit an Item</a></p>
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</body>
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</html>
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