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Percent of Margin (MSRP)

Percent of Margin (MSRP) is a newly added Pricing Method in the Inventory Item > Pricing Tab > Pricing Level tab. When this pricing method is selected, VisionCore will automatically compute the Unit Price of the item using the following formula.

 

Unit Price = [(MSRP – Standard Cost) x Percent] + Standard Cost

 

Example:

Create a new Pricing Level for an Inventory Item. Use Percent in Margin (MSRP) as Pricing Method. Then enter percentage in Percent/ Amount field.

percent1

 


Reference: Task 1288