Margin Configuration
A feature that provides the ability to use any cost field or any price field to calculate the margin to ensure a specific profit margin is achieved over the total costs of a product or service. Margin Configurations are managed on the Margin Configuration page.
• Any cost field or price field can be set as a cost and as a price.
• Up to ten (10) custom margins can be defined.
• The custom margins are displayed as Current Custom Margin, Effective Custom Margin, and New Custom Margin fields on the following pages:
◦ Single Level tab on Price Actions
◦ Pricing Policy Details
◦ Margin section on the Pricing Worksheet
For example, the price can be defined as a cost field and the cost can be defined as a price field for calculating the margin.
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• The Price and the Cost cannot be set to the same selection for a custom margin definition.
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