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Magento quotation profit calculator

We added a profit margin calculator in your proposal view.

When you have cost prices available, Cart2Quote will now automatically calculate your Gross Margin Profits (GMP) for you, making it dead simple for your sales reps to create winning offers. (If there is no cost price entered for the product, then Cart2Quote will calculate the difference with the original price.)

 

This new feature will make it even easier to create winning price proposals in Magento.

If you have added the cost price for your products, you can easily find the bottom price (or any healthy profit margin) for your quote request proposals. All you have to do is enter the price proposal in the Magento quotation request and your profit margin will be calculated. The current calculation will show the Gross Margin Percentage (GMP), when the cost price per product is available in Magento. If the cost price is not entered then Cart2Quote will calculate the margin between the standard catalog price and the proposal price. What is GMP? Investopedia defines Gross margin as: Gross Margin (%) = (Revenue – Cost of goods sold) / Revenue[2] It can be expressed in absolute terms: or as the ratio of gross profit to cost of goods sold (COGS), usually in the form of a percentage:

 



 

 

 

 


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