Some businesses always want to maintain a specific margin on their last purchase price to ensure profitability.
Here’s how to set up this automation.
Configuration Steps
1. Create a sales price level:
Name this price level, for example, "20% Margin".
This name can be adjusted based on your company’s specific needs.
2. Create a pricing rule based on the last purchased price with a 20% margin:
Select the price type: Calculated.
Set the base price to the last purchase price.
Apply a multiplication with a value of 1.20 (to automatically add a 20% margin).
Disclaimer: The margin calculated from the Last Purchased Price in the price rules above is not the same as the Margin calculated from the current Moving Average Cost (MAC).