Updated: October 10, 2024 1:27pm

Margin

Margin is the difference between Price and Cost. Margin can be expressed in three ways in Prism: Margin %, Markup, and Coefficient.

Margin Type Description
Margin % Margin percentage. The cost as a percentage of the price.
Markup % The percentage difference between the cost and the price.
Coefficient The Price as a percentage of the cost.

A change made to price, cost, or margin always causes a change to one of the other values. If you edit cost or price, the Margin %, MarkUp %, and Coefficient will change.  If you edit the Margin %, MarkUp %, or Coefficient, the Price or Cost will change.
You can view an item's Margin Percent and Amount by viewing the item's record and navigating to the Price/Cost tab.
Sample item record (Price/Cost tab) showing Margin fields:
Inventory margin

Editing Margin
In Prism Node Preferences > Merchandise > Inventory > General, you can choose whether changes to margin affect price or cost. Note: When using sales tax, you typically want changes in margin to affect an item's cost; when using VAT, you typically want changes in margin to affect an item's price.

Margin Type Description
Margin % Margin percentage. The cost as a percentage of the price.
Markup % The percentage difference between the cost and the price.
Coefficient The Price as a percentage of the cost.

Sample Margin Values

Item Cost Item Price Coefficient Markup % Margin %
9.00 10.00 1.1111 1.11 10
15 30 2 100 50
25 100 4 300 75