Defining MarkUp Percent for Misc action items

Reference No: 29160

Details

Support for MarkUp Percent for Misc action items in the Order.

The details are explained in the sample workflow given below:

Sample Workflow

Prerequisites:

Create an Misc Charge [YELLOW CAB] with the Cost Price as 100.

Scenario:

Select the Configuration module.
Select the Pricing / Billing tab and enter the MarkUp Percent as 10. As shown in Figure 1.0.

Figure 1.0 Configuration module with MarkUp Percent

Save and exit the Configuration module.
Select the Accounts module.
Create an Order [ORD-098].
Add the Misc Charge [YELLOW CAB] > the Unit Price of the Misc item will be 110 as shown in Figure 1.1.

Formula to calculate Price is Cost+[(Cost+MarkUp Percentage)/100].

Double-click the Item line, Fright/Misc Cost window is displayed with Freight / Misc Cost as 100 and MarkUp Percentage as 10. As shown in Figure 1.2.

Figure 1.2 Fright/Misc Cost window with Fright/Misc Cost and MarkUp Percentage

If the Pricing is not Defined in the Misc Charge then, Price will be calculated with respect to Cost. Otherwise, MarkUp Percentage will get calculated with respect to the defined Pricing.

Change History

The Change History of the modified Markup % for the selected Misc Charges line can be viewed from the View menu > Change History option > Order History window > click the Line History icon > Change History window.

The details are explained in the following procedure:

Double-click the Misc Charge [

YELLOW CAB] line, the Freight/Misc Cost window is displayed with Freight / Misc Cost as 100.00 and MarkUp Percentage as 10.00.

Modify the

Freight / Misc Cost to 200.00 and the MarkUp Percentage to 20.00.

Click

OK.

Select the

View menu > Change History option. The Order History window is displayed.

Click the Line History icon. The Change History window is displayed, displaying the Line History of the modified Freight / Misc Cost to 200.00 and the MarkUp Percentage to 20.00.