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Margin
Setup > Preferences & Costs> Quote Details > Margin Default Setting Set the default Margin or Markup for calculating the price for a quote or order item. The Margin or Markup is applied to a quote after the Material and Operation Costs have been ...
Outsource Margin
Setup > Preferences & Costs > Quote Details > Outsource Margin Outsource Margin Set the default Outsource Margin percentage. When adding an item as an Outsource or Sub Contract operation the Margin will default to this value.
Operation Margin
Setup > Preference & Costs > Quote Detail > Operation Margin Default Setting Set the default Operation Margin for calculating the price for a quote or order item. Note: Depending on the Profit Model this will be a Margin or Markup value. When ...
Material Margin
Setup > Preferences & Costs >Quote Details >Material Margin Default Setting Set the default Material Margin for calculating the price for a quote or order item. Note: Depending on the Profit Model this will be a Margin or Markup value. When ...
Margin vs Markup
The difference between margin and markup is that margin refers to sales minus the cost of goods sold (COGS), while markup refers to the amount by which the cost price of a product is increased to determine the selling price. Margin Unit Price = Unit ...