Margin
Margin is based on selling price
A 35% margin means profit is 35% of the selling price. The corresponding markup on cost is higher than 35%.
Turn a cost estimate into a selling price using a target margin or markup, or inspect the margin of a price you already have.
A 35% margin means profit is 35% of the selling price. The corresponding markup on cost is higher than 35%.
A 50% markup adds half of the cost on top of the cost. Margin and markup are related but they are not interchangeable.
The “Create a quote” action starts a normal blank quote. Your cost and margin assumptions are not transferred into it.
Margin is profit divided by selling price. Markup is profit divided by cost.
Yes. The result will show a negative profit, margin, and markup.
No. This first release does not transfer private planning values into the editor.