Calculate Desired Gross Profit Percent Using Cost and Price.
Use this field to calculate a new desired gross profit percent using the current cost and price from Inventory Maintenance.
In the first box, enter one of the following to indicate which cost to use:
A = Average cost
C = Replacement cost
K = Market cost
M = Manufacturer vendor cost
In the second box, enter one of the following to indicate which price to use:
L = List price
O = Old retail price
R = Retail price
For example: You want to recalculate the desired gross profit for a range of items. You want the new desired gross profit to be based on the replacement cost and the retail price. Enter C (Replacement Cost) in the first box and R (Retail Price) in the second box.
For information about using this field with the other fields on the PC Option 1 page, click here.