Creating a Fixed Margin Contract for Specific Items
To create a "Cost Plus" contract, need to decide if you want to do base the pricing upon Last Cost (the price you last paid) or Fixed Cost (the price set on the trader card)
Last Cost & Fixed Cost Explained
1. This is the Last cost, the last price you paid for the item
2. This is the Fixed Cost, the standard agreed price with the supplier for the item
Pricing Based on Last Cost
1. Select Your Product
2. Select Margin from Last Cost
3. Select Product Deal
4. Select the Margin you wish to make, please note the difference between Margin & Markup, 50% Markup = 33% Margin
Pricing Based on Fixed Cost
1. Select Your Product
2. Select Margin from Fixed Cost
3. Select Product Deal
4. Select the Margin you wish to make, please note the difference between Margin & Markup, 50% Markup = 33% Margin
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