% Markup of current cost price list

  • % Markup of current cost price list

    Posted by DSC Communities on March 3, 2017 at 11:13 am
    • Katie Pieczynski

      Member

      March 3, 2017 at 11:13 AM

      Hello,
      I am trying to create a price level call “Company Cost” and I want it to equal our current cost for items.
      I am struggling to figure this out.
      I am trying to use the price list utility and I selected % markup of current cost and kept it at zero but nothing happened.  I then tried to do it at 100% but nothing happened.  Am I looking at this completely wrong?  Is there a way to do it?
      Thank you,

      ——————————
      Katie Pieczynski
      Accounts Receivable Manager
      DANSR
      Champaign IL
      ——————————

    • Charles Allen

      Member

      March 4, 2017 at 5:35 PM

      If you use the option % Margin – Current Cost and enter 100%, you’ll get the cost as the price. So, a current cost of $25 would be a price of $25. If you use the option % Markup – Current Cost and enter 100%, you’ll get 200% of the cost. Thus, a $25 cost would be $50.

      Make sure you have a current cost, of course, and make sure the sales transaction is using the price level set up in the price list.

      ——————————
      Charles Allen
      Senior Managing Consultant
      BKD Technologies
      Houston, TX
      ——————————
      ——————————————-

    • Katie Pieczynski

      Member

      March 6, 2017 at 5:24 PM

      Hi Richard,
      I tried the % of Margin as well.  For some reason it will not add it to anything no matter what percent I put in.
      The only way I can add a price list is if I use % of list price.  So I am wondering if there is a hidden set up that says we cannot use anything but % of list price?

      For example when I go through the wizard and I get to the Preview the records to be added screen.  There is nothing there whether I use 5% or 100%………

      ——————————
      Katie Pieczynski
      Accounts Receivable Manager
      DANSR
      Champaign IL
      ——————————
      ——————————————-

    • Katie Pieczynski

      Member

      March 7, 2017 at 9:38 AM

      So if we already have a price list with % of list price can we not also do one for the same item for% of margin?

      ——————————
      Katie Pieczynski
      Accounts Receivable Manager
      DANSR
      Champaign IL
      ——————————
      ——————————————-

    DSC Communities replied 8 years, 6 months ago 1 Member · 0 Replies
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