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July 1, 2021

Calculate Price Based on Margin


We believe market-based pricing is the best way to maximize income into your shop, but there are certain types of manufacturing that are more closely tied to the cost-plus model of pricing. To make sure we’re not leaving anyone behind, we’ve added functionality for calculating price based on margin inputs. The pricing takes into account the cost to produce an item and calculates a price based on your margin requirement. As the cost changes, the price will change. This method can be used on price breaks, quotes, sales orders, and in the item setup itself.