Margin vs. Markup

PRO 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).
 

You can toggle whether you would like to use margin or markup across your entire SumoQuote account.

  1. Click Configuration.
  2. Go to Account Settings.
  3. Select Price List.
  4. In the Margin section, near the top of the page.
  5. Click Edit.
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