The Target Profit Margin field is used to calculate the cost of items in the Department, Category, or Location that have a $0.00 Base Price and $0.00 Average Cost based on the price entered on the Sales Transaction.
When the Price is entered at the time the item is sold, Keystroke calculates the Cost using the Target Profit Margin.
- If an item's Location has a Target Profit Margin, it is used (but not the Category and/or Department Target Profit Margins).
- If the Location does not have a Target Profit Margin, but the Category does, the Category Target Profit Margin is used (but not the Department Target Profit Margin).
- The Department Target Profit Margin is only used if the item's Location and Category do not have Target Profit Margins.
If the item's Target Profit Margin is set to 50 (50%) and the item is sold for $5.00, the cost is automatically calculated at $2.50.
If the item's Target Profit Margin is set to 0 (0%), as it might be for Service/Labor items, and the item is sold for $100.00, the cost is automatically calculated at $100.00.
Length - 5 digits
Format - Integer or decimal
Indexing: Not Indexed
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