The General tab contains a button to define the Customer’s Markup. Markup allows you to set a default pricing option for each customer; however, they can be overridden:
Line item pricing is initially determined by the pricing option assigned to each customer.
The Markup originally assigned to a customer is overridden by the Scheme that has been set up in Sales Order templates used to create Shipper forms.
Pricing can be reset on each line item to override the default on both Sales Order and Shipper forms.
To assign a pricing option, from the Customer Editor’s General tab, click Markup.
You have the option of selecting one of the built-in markups from the drop-down list.
Manual Pricing. This option allows the manual entry of a price for the product.
At Cost. This option returns prices that are the same as the cost of the product.
Selling Price. The markup is the actual selling price of the product, as defined on the Sales tab of the Item Editor.
Cost Plus Dollar Amount. A user-specified dollar amount is added to each product’s cost to determine its selling price. Enter the dollar markup in the field at the bottom of the menu.
Cost Plus Percentage. This option adds a user-specified percentage to the cost of the product when determining its selling price. Add the percent of markup over cost in the field at the bottom of the menu.
Example: A product costs $1.00. You apply a markup of 15%. On Sales Orders and Shippers, the Price of the product will be $1.15.
Markup Factor. Prices are determined by multiplying the product’s cost by the user-specified factor. Enter the factor in the field at the bottom of the menu.
Example: A product costs $1.00. You apply a markup factor of 2. The product Price will appear on Sales Orders and Shippers as $2.00.
Target Cost Percentage. Prices are determined by making the cost of the product a user-specified percentage of the final selling price. Specify the cost percentage in the field at the bottom of the menu.
Example: A product costs $1.00. If you wish the cost of the product to represent 85% of the markup, then the product Price on Sales Orders and Shippers will be approximately $1.18.
Select your method of markup from the drop-down list, enter the markup factor in the additional field, and click Accept. The name of the pricing option will appear next to the Markup button on the Customer Editor.
Related topics:
Customer Editor - Contact Information Tab