If you use Markup or Margin pricing, at the time of sale, the system identifies the Accounts Receivable customer and each Inventory item invoiced, and calculates the price for each item based on a markup or margin percentage you specified for this particular customer and item. A Markup Code calculates prices by marking up a percentage from cost, while a Margin Code figures the price that yields a specified profit margin.

Markup/Margin Codes are often used with Discount Codes. You can set up a pricing policy that calculates a markup or margin price, and then subtract a percentage discount.

Keep in mind that if you use different pricing types, the lowest possible price will be applied at the time of sale.