Define a Mark Up Percentage against a Stock Item in a Price List
Define a Mark Up Percentage against a Stock Item in a Price List
Using Price Lists you can set the Sell Price of a stock item by using a Markup % on the item's Buy Price, this video shows you how. A step by step guide can be found below the video.
Ensure the price list is in Edit mode.
Enter the required markup percentage against the stock item in the Markup % column.
This percentage will be applied to the item's Buy Price to calculate the selling price shown in the Price column.
Save the Price List.
Please note that if your buy price is in Net and your sell price is in Gross, you will need to take this into consideration when setting the markup % in the price list.
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