MARGIN SLIDER

(Optional)

By enabling the margin slider in your SumoQuote account, you can easily adjust profit margins in your quotes.

To enable and configure the margin slider in your account:

  1. Click Configuration.
  2. Go to Account Settings.
  3. Select Pricelist.
  4. At the top of the page you will see a "Margin" section.
  5. Click the "Edit" button on the right hand side.
  1. Set your "Default Margin/Markup" for all line items that have not been specified (if no Margin/Markup is entered it will default to 33% or a value you enter).
  2. Set your minimum Margin/Markup (the minimum allowable profit Margin/Markup of a quote).
  3. Toggle whether you would like to use "Margin" or "Markup" across your entire account.
  4. Toggle the Margin slider on/off in your account.

*Note: Toggling "Use Margin across sumoQuote" will change your pricing across your entire account to use Margin in place of Markup. This will effect all price list items: Learn more here.

TIP

    MARGIN - Profit as a percentage of overall revenue. (ex. 35% of our revenues were profit)
    MARKUP - Percentage profit increase over the cost of goods/services sold. (ex. We added 35% to our total costs to give us our profit)
 

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