System Five Add-Ons & Integrations help simplify the way you do things.
Our catalog of services has topic-based, role-based, or technical plans that can help you maximize your software investment.
Copyright © 1984-present
Windward Software Systems Inc.
All Rights Reserved.
Privacy Policy
This is an old revision of the document!
A markup calculation is a calculation that does its math from “the bottom up”. This means that is takes the cost and adds the markup. The 2 codes that use the markup calculation style are W and L. The cost used is different for each one. W uses base cost, and L uses actual costs otherwize known as the landed cost.
COST + (COST x (Percentage))
Where COST = 100 Where Markup = 100
COST + (COST x (Percentage)) = 100 + (100 x 100%) = 100 + (100 x 1) = 100 + (100) = 200
Where COST = 100 Where Markup = 150
COST + (COST x (Percentage)) = 100 + (100 x 150%) = 100 + (100 x 1.5) = 100 + (150) = 250