Item Selling Price calculated from Cost plus Mark-up ratio

The selling price calculation for inventory groups can now be set to calculate based on a specific ratio. When the pricing calculation is set to Cost * Mark up, the radio button “Ratio”, found in the Selling Price Calculation section, will become enabled.

When this option is selected, the Ratios 1 – 7 (listed above the selling price calculation) will be used to calculate the selling price on Sales Orders for the items in that group. When entering a sales order, the user will be able to select from any of the seven ratios, with the mark up ratio applied to the cost price.