Discounts should not allow below cost price
S
Stephen McCarthy
If giving discounts, the system should be able to handle that items are not sold below cost price. example
purchase cost ex vat is =€100
20% Markup = €20
client purcahses for €120 ex vat
Vat = €27.60 on €120
Total cost Client €147.60
now if we apply a 40% discount on the €147.60 Discount = €59.04
Cleint new purchase price is €88.56
Business is loosing money now.
phorest records the sales as below.
Sales €72 ex vat
Vat €16.56
the system should not allow sales to go through at below cost. it should allow item to be sold at €100 ex vat what the business bought the product for.