You can use this feature to automatically adjust the Profit % field when you enter a new price in the Unit Price field.

To calculate profit from unit prices and unit costs

  1. In the Search box, enter Items, and then choose the related link.

  2. Open the item card that you want to calculate a new profit for.

  3. On the Invoicing FastTab, in the Price/Profit Calculation field, select Profit=Price-Cost.

  4. In the Unit Price field enter a new price.

  5. The Profit % field will change to reflect the changes you made to the Unit Price field.

Note
If you have selected the Price Includes VAT field on the item card, remember that the VAT is subtracted from the unit price that you enter before it calculates the profit percent. The Price Includes VAT field is not included in the standard layout, but you can insert it using the customize facilities.

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See Also