Margin Settings can be changed from Settings > Settings > Margin & Profit.
- ‘Profit Method’ defines whether Profit Margin or Markup is used throughout the system.
- ‘Target margin by’ sets whether Last Buying Price or Last Landed Price is used in Margin Calculations.
- ‘Tolerance’ sets the minimum percentage differential before triggering a Pricing Alert
- ‘Auto Update’ sets whether RCT’s update the Last Buying Price (or Last Landed Price, depending on ‘Target Margin by’)
Gross Profit
TradePeg tracks Gross Profit (GP) for all Sales Orders, and globally in Reports. By default the GP is based on the Cost of Goods Sold (COGS), Weighted Average Cost (WAC) for each line.
This is flexible and can be configured to use Landed WAC instead.
