Markup/Discount Rate

Enter the markup or discount rate to use when billing this material.

If the Override Option is “C-Cost Plus Markup,” the material is billed as Units x Unit Cost x Rate. Units are the number of units posted to JC. Unit Cost is the average, last, or standard unit cost defined for the material in IN Locations. However, if the material is non-stocked, the standard unit cost in HQ Materials is always used. The Rate is the Markup Rate specified here.

If the Override Option is “P-Price Less Discount,” the material is billed as Units x Unit Price x Rate. Units are the number of units posted to JC. Unit Price is the specific price entered in one of the Specific Price fields (depending on the effective date). If a Specific Price is not entered, the unit price is the standard unit price from HQ Materials or IN Location Materials, depending on whether the material is non-stocked or stocked (respectively). The Rate is the Discount Rate specified here.