Hi @michelle, I don’t really get what you meant by:
From what I understand after going through the user manual, this ‘Margin’ feature allows us to increase X% margin from our buying price to sell to our customers for X% profit. This feature is critical for businesses that trade in volatile pricing items.
Hence, I don’t think, as per your advice, setting a rate (which is a fixed rate) for the item can solve my problem here. Perhaps, I misunderstood your advice here or I have misunderstood the whole user manual:
. I picked this in the [user manual](Pricing Rule)
Yes, I have; I have set the buying price for this item. The price I set is the current price I get from supplier which will be changed from time to time. Hence, this ‘Margin’ feature is critically important because I wanted the system to automatically put ‘X’ profit margin to sell for every item I bought.
Can you check the price list in the Sales Order? It is in the Currency and Price List section. Check the item price for the price list set in the Sales Order. The system will add margin on that item price.
When I am using Promotional Scheme Price Discount it is going applying the price discount. Instead it throws an error i.e., Row 1: user has not applied the rule [Rs 2 Discount per nos/0003] on the item FCM001
@michelle As I understand,
The margin feature mentioned in docs does not implement as it should.
as @Raymond_Liew mentioned above, this is a very basic use case in every retail business.
Item buying price getting updated from time to time. so we should have a proper automatic solution to add selling price based on buying price automatically, without adding it manually for all items.
If the “margin feature” work as we expect it should be,
Add selling price based on relevant items buying price. (but currently, it adds selling price based on selling price
Ex: Rate = Price List Rate( this should be buying price but it works only for selling price) + Margin rate )
@-szufisher if you have a proper solution for this please let us know.