How can I Warn about Parts Being Sold at a Loss?

Summary

This article explains how to set minimum overall profit levels for parts\accessories (Stock) sales to warn about items being sold at less than your desired minimum profit margin.

More Information

Go to " Reports & Settings Maintenance Options System Administrator Module Settings Stock Control Module Settings".

• Search for 'Profit'.
• At the "Profit Calculation", edit and choose either 'M' for a Markup on Cost Price, or 'G' for Gross Profit from the drop down box.
• Go to the "Expected Minimum Profit %" field and set the minimum profit level you require.

Note: This allows you to set a system minimum profit level. You can also have different settings for minimum profit type and percentage on each stock group or individual stock codes if you so wish. This will over-ride the system setting.

If staff now try to sell an item below the minimum profit level for that item, there will be a warning shown to them.

See also

• Selling parts over the counter
• Selling stock at point of sale
• How do I Give Discount in Point Of Sale?
• How do I find a stock code?

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Keywords AND Misspellings

min, minimum, profit, warn, warning, stock, part, number