Parts Price Comparison Feature (Profit Margin Formula)

The Parts Price Comparison Feature uses the Profit Margin Formula below,

Formula:  Profit Margin =  (Selling Price - Purchase Cost) 

                                               Selling Price    

EXAMPLE:  $40.69 - $28.47 = 30.03%

 

1. Access the Parts Form

2. Click the Price Comparison Button

RESULT:  EverLogic calculates the Profit Margin

3. Key the New Pricing, Selling Price and Purchase Cost on the right side 

4. Click the Calculate Button

 

Related Articles:

System Setup for Alternate Part Numbers

Adding a New Part / New Part Inventory

Adding Parts to Inventory from a Invoice / Repair Order

Creating a Parts Purchase Order

Special Order Parts from an Invoice

Special Order Parts from a Repair Order

Receiving a Purchase Order and Creating a Back Order PO

Create / Close a Parts Invoice

Create / Close a Repair Order

Search Parts

Asterisk Showing on Parts Search

Parts Cycle Count

Creating Part Bins

Moving Parts / Contents of a Bin