Product Cost and Profit Margins
Margin is the difference between the price at which the product is sold and its cost price. Margin calculation is an analysis that helps to understand whether a business is developing correctly, what measures should be taken in pricing and what the real profitability is in the current and future, and is carried out to determine the actual profit per unit of the product. If margin trading is not profitable then margin is retained to offset losses. The higher the price, the higher the margin. When working with margins, it is important to remember that the price is always subjective for the buyer.
Path: ERP > Sales-Distribution > Cost > Product Cost and Profit Margins
Min Margin and Max Margin fields are the Margin rates included in the product detail.
Sales Margin. Calculation: It is calculated with the formula: [(Sales Price with VAT - Purchase Price with VAT) / Purchase Price with VAT] * 100.
Price lists appear in the Branch Area.
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2.2.4.1. Cost Parametric Definitions
Cost is the total value expressed in monetary terms of all transactions undertaken by businesses to obtain goods or services within their scope of activity.
Cost Management
Cost is the total value expressed in monetary terms of all transactions undertaken by businesses to obtain goods or services within their scope of activity.
2.2.4.3. Stock Costs
The Stock Cost screen within the Stock module is a report screen. It offers the opportunity to see stock costs individually and in total on a product basis, according to different criteria.