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Selling at % over cost

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macajah

Technical User
Jun 19, 2005
3
US
Does anyone have a customer/s that they sell product at a percentage over cost when the bulk of the customers buy at List less a percentage? How do you have this setup?
 
You can use the OE price code maintenance to do this. There are 8 different types depending on how detailed you want to get with customer/item/product category/customer type variations. Once you choose the type, you can choose how to discount/markup the items. If you choose discount, it's discount off the list price and if you choose markup, it's markup of cost based on your costing method.

Kevin Scheeler
 
Be aware that using the mark up may produce problems with invoices. We discovered just last week that rounding errors with the fixed 2 places on the invoice were not adding up top the displayed unit cost on the OE. A customer informed us of this as they issued a PO to the penny and got invoiced a few dollars more. If the program rounded up in every case, it would have been less of an issue. Internally, I think the software is using 8 places so it will lead to errors no matter what you use for cost-whole dollar or not. Our immediate "fix" was to expand the invoice unit cost to 4 places but this is not a long term solution.
 
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