Pricing Items with Factor-Based Calculations

You can calculate the parts price for items with either a markup or a margin. For these types of price calculations, you need to specify a factor, which is a number that’s used to calculate the markup or margin. Depending on the pricing method used, the factor is either multiplied or divided by an item’s base price or last cost. Once a factor and an operator have been assigned to an item or a group of items, you need to recalculate the parts price.

Markups
Margins
Assigning a Factor to a Group of Items
Recalculating Factor-Based Prices