Accounting 2.0 - Stock: Item selling price did not update correctly according to the Cost and Markup %

Question: I keyed in Standard Cost 4.5, Markup 5%, the system updates Selling Price as 4.75? The amount was supposed to be 4.725.

Version: 2.0 / 2.1

Possible Reason:

Because you’ve set item group Multi Price rounding method.

Solution:

1) Find out the stock group of this item, and then go to Stock > Stock Group Maintenance.

2) Go to Multi Pricing tab, currently the setting is Standard Rounding, 5 Cent. The selling price markup 5%, 4.5 + 5% = 4.725 and rounding to 5 Cent = 4.75.

3) If you do not wish to have rounding, you may set it to No Rounding, then click on OK.

4) Go back and edit the item, retype value 5 at Markup column and press Enter, now the Selling Price updated to 4.725.

By: Lay Swan 231020, P231025

Go to menu

AutoCount Accounting 2.0 & 2.1 AutoCount Accounting 2.0 What's New AutoCount Accounting 2.0 Help File AutoCount Accounting 2.0 FAQ (Application) AutoCount Accounting 2.0 FAQ (Troubleshoot) AutoCount Accounting 2.0 Others AutoCount Accounting 2.0 Release Note AutoCount Accounting 2.1 Release Note

AutoCount Accounting 1.8 / 1.9 AutoCount Accounting 1.8 FAQ (Application) AutoCount Accounting 1.8 FAQ (Troubleshoot) AutoCount Accounting 1.8 / 1.9 Release Note

AutoCount Payroll

AutoCount POS

AutoCount On The Go

AutoCount Accounting Plug-In Documentations