Managing Product Financials

Overview

Every product has a full cost and price breakdown — what it costs you, what the client pays, and your profit.

Edit pricing

Expand the product row (or open the product → Pricing):

• Unit Cost, List Price, Vendor Discount %.

• Qty and unit (Each, Feet, Yards, Square Feet, Roll, Hour, and more).

• Basis: Markup % or Margin %, the rate, and the resulting flat amount.

• Target Sell — optional target price.

The summary underneath shows Designer Cost, Client Price, Client Total (incl. tax, freight and fees) and Profit with profit margin.

Costs and fees

Sales Tax %, Freight, Freight Markup (flat), Landed / Import, Receiver Cost, Return Cost, Shop Drawing, Sample Fee, Misc. Fee, Pass Fees to Client, Vendor Tax %, Freight Basis (flat, % of unit cost, % of client price), Tariff, Item Budget, and tax switches (markup/margin only, freight, landed).

The Financials tab

Open the product and click Financials for the worked calculation: merch cost, freight, Designer Cost; merch revenue, freight billed, revenue ex-tax; sales tax, Client Total, Profit and Effective margin.

Best practices

• Update costs when the vendor confirms them.

• Track freight separately from unit cost.

• Use Item Budget to compare against the client's allowance.

Related articles

• Markup vs. margin: what's the difference?

• Bulk Editing Products