Profit % Field, Item Table

Specifies the profit margin that you want to sell the item at. You can enter a profit percentage manually or have it entered according to the Price/Profit Calculation field.

You can use the Profit % field in the following ways:

  • Enter the unit price to calculate the profit percentage as follows:

    • Select the Profit = Price - Cost method in the Price/Profit Calculation field and enter a value in the Unit Price field.

      The profit percentage is calculated automatically and then entered in the Profit % field.

  • Enter the profit percentage to calculate the unit price as follows:

    • Select the Price = Cost + Profit method in the Price/Profit Calculation field and enter a value in the Profit % field.

      The unit price is calculated for the item and entered in the Unit Price field.

  • Specify that there will be no automatic calculation as follows:

    • Select the No Relationship method in the Price/Profit Calculation field. Then enter a value in the Profit % field and a value in the Unit Price field.

Tip

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Parent Tables

Table Location
Negative Adjmt. (LCY) Field, Item Table Inventory
Item Table Inventory
Item Table Inventory

See Also

Reference

Item Card

Other Resources

How to: Set Up Items