Service Tool: How to determine markup and margin
Inventory, Knowledge Base, Process
In business, the markup is the price spread between the cost to produce a good or service and its selling price. In order to ensure a profit and recover the costs to create a product or service, producers must add a markup to their total costs. In business, margins are the differences between the price of a […]
How to sell all items in a specific department, supplier, or class at a percentage mark up from average, last, or market cost
Knowledge Base, Setup
In Paladin, from the main menu, select File > Setup. Select the Pricing Plan tab. Click New. In the Name box, enter a name for the pricing plan. Choose one of the following options: If you want the sale to be for all customers, check Apply to All Transactions. If you want the sale to be for specific customers, […]
