Accounting Ideas

Markups on products and services in Quotes or Estimates

Sage is based on four prices:





Why Sage did not base on markups I do not know, each company has their own level of markups: example

Cost Price

Sales cost + 55%

Trade cost + 45%

Retail cost + 65%

It would have been far simpler to manage using this and save a lot of time and energy editing single items!

All of these items need to be in Company Setup, as policy decisions are made there.

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  • Jul 30 2023
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