Most businesses can tell you their gross margin. Far fewer can tell you their true margin. At first glance, profitability may appear healthy. Revenue is growing. Sales are strong. Reports show acceptable margins. Yet many companies discover that actual profitability...
Are you confident your gross margin numbers are accurate? Most businesses can perform a gross margin calculation, but far fewer can trust what the result actually means. That’s because gross margin is only as accurate as the cost data behind it. And in many ERP...
Cost plus pricing is often presented as the simplest pricing model in business: calculate cost, apply a markup, and you're done. But as discussed in a previous post, the simplicity of a cost plus pricing often leads to significant operational headaches. In today’s...
Cost plus pricing is one of the most straightforward methods for setting product prices. By adding a consistent markup to the total cost of production, this strategy ensures businesses cover their expenses while earning a steady profit. On the surface, it’s a simple...
Food distributors operate in one of the most volatile pricing environments in business. Supplier costs fluctuate frequently. Commodity prices change. Transportation expenses rise and fall. Seasonal demand shifts throughout the year. At the same time, distributors must...
Thanks to recent feature improvements in Rockton Pricing Management (RPM), Acumatica users can now utilize cost-plus pricing in Field Service management. What is Field Service in Acumatica? Field services show up in lots of ways, mainly when a company has employees...
Do you want to offer multiple discounts, but not sure how to calculate the price? Do you want to add a fee on top of that? What if you want to track margins or rebates or royalties? Plus, you want all of them to track to their own specific financial account without...
