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 Changing Profit Margins

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Posted by wobbleyoultd

Changing Profit Margins

Hello!

Due to bulk purchasing items, some of the profit margins on my products will change. I have previous stock with the old cost price and profit margin, and new stock with a lower cost price and therefore higher profit margin. Without having to create new products to reflect this (but in reality the same product), is there anyway of the achieving the system to know when I have sold out of the previous stock to reflect the new price margins?

I hope this makes sense. Happy to clarify if not.

Cheers,

Mark

Posted by Richard

Re: Changing Profit Margins

Hi Mark,

Yes, I see what you want to achieve here but not sure how we could go about it. As they say it'd be a good trick if you can do it...

I will add this to our feature request list so we can give it some further thought. I guess ideally you'd want to add a new cost price that becomes affective at a particular stock level?

Coming up in feature pack 7, we have the facility to set products to discontinue when sold, this would allow you to have the old batch of products automatically discontinue when their stock reaches zero. We also have a new 'copy product' feature that allows you to easily create copies of selected products. So you could easily copy the old product to a new one. The only thing is this wouldn't notify you when the old product has sold out. Close but no cigar.

Feel free to add any more thoughts here as they occur...

 


Regards - Richard (Easify Developer)

Posted by wobbleyoultd

Re: Changing Profit Margins

Thanks, Richard. You've understood my request perfectly  

Looking forward to FP7.

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