Gross Profit Percent (based on Replacement or Average cost).
Multistore: This field is store-specific.
This field on the Pricing tab of Inventory Maintenance is the actual gross profit percent for this item.
The system calculates the actual GP% for the following fields:
Retail
List
Promotion
Prices 1 through 5
The system uses the following calculation:
Retail - Cost
------------- x 100
Retail
If the Cost Used in Calculations field in Options Configuration (or Function MIC) is R, the system uses the replacement cost. Also, the word, Repl, displays below the GP% field. If the field is A, the system uses the average cost. Also, the word, Avg, displays below the GP% field.
This field is display only.