I have Mentioned Markup Percentage in Item Class Level which is not Working , Where as when i am creating Markup% on item Level its Working . Kindly advise what need to me checked or what is the concept in Using Markup % from item Class Level
Best answer by Laura02
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+18
Hello,
The Item Class settings serve as Default Settings when new Stock Items are added. Default settings can then be further customized at the time of setting up the new Stock Item, or later, to be more specific for the newly added items.
When selling an item, Acumatica uses only settings that are now entered on the Stock Item screen…. not looking back at the Item Class.
In Summary,
Item Classes have two purposes:
Laura
So If there is No Markup % Mentioned in the item level then when Selling the item do the System take Markup% from item Class level?(which i find Not functioning) .. if Not Providing a Markup% in Item Class has any advantages
+18
Hello,
No, if there is no Minimum Markup % on the item, the system will not use the Minimum Markup % from the Item’s class.
The only advantage of adding Minimum Markup % to the Item Class is…. new items added to the class with Minimum Markup 25% will take on Minimum Markup % = 25% by default.
If you need to add Minimum Markup % to a group of existing items in that Class, consider importing the new Minimum Markup % to existing items via Import Scenario .
Laura
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