Difference between revisions of "How can I Warn about Parts Being Sold at a Loss?"

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This article explains how to set the minimum overall profit level for parts\accessories (Stock) sales to warn about items being sold at less than your desired minimum profit margin.
 
This article explains how to set the minimum overall profit level for parts\accessories (Stock) sales to warn about items being sold at less than your desired minimum profit margin.
  
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{{Review}}
 
== More Information ==
 
== More Information ==
Go to {{Menu|Systems|{{ST}}|Maintenance Options|Stock Parameters|General Parameters(2)}}.
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Go to {{Menu|Systems|{{RP}}|Maintenance Options|System Administrator|Module Settings|Stock Control|Module Settings|Search Profit.
  
* At the {{DataPrompt|Profit by Markup or G.P.}}, choose either {{DataValue|M}} for a markup on cost price, or {{DataValue|G}} for Gross Profit.
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* At the {{DataPrompt|Profit Calculation}}, edit and choose either {{DataValue|M}} for a markup on cost price, or {{DataValue|G}} for Gross Profit from the drop down box.
* Go to the {{DataPrompt|Minimum Profit}} field and set the minimum profit level you require.
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* Go to the {{DataPrompt|Expected Minimum Profit %}} field and set the minimum profit level you require.
 
{{Note|title=Note|text=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 if you so wish.}}  
 
{{Note|title=Note|text=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 if you so wish.}}  
  

Revision as of 16:34, 4 July 2018

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

More Information

Go to {{Menu|Systems|Reports & Settings|Maintenance Options|System Administrator|Module Settings|Stock Control|Module Settings|Search 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 if you so wish.

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


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Keywords AND Misspellings
min, minimum, profit, warn, warning