Avg GP%

Average Gross Profit Percent.

This is the gross profit percentage you are making based on the average cost.

The system uses the following calculation:

 Retail - Average Cost

 ---------------------                  x 100

        Retail

 

This field is display only. It only displays if the Cost Used in Calculations field in Options Configuration (or Function MIC) is R (Replacement).

Multistore users only:  If the Keep Prices the Same in All Stores field in Options Configuration (or Function MIC) is Y, average gross profit percent is master data.  If the field is N, average gross profit percent is store-specific data.