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The difference between your cost and the selling price. Percent markup is calculated by dividing the markup by the cost. For example, an item that costs $10 and sells for $12 has a $2 markup. The markup percent is 20%.
For comparison, see also margin.
Percent margin is calculated by dividing the markup by the selling price. For example, an item that costs $10 and sells for $12 so has a $2 markup. The margin percent, calculated by $2/$12, is 16.67%.
For comparison, see also markup.
A purchase that doesn't require a printed purchase order. A Miscellaneous purchase uses the Miscellaneous layout.
See also layout.
A sale that doesn't require a printed invoice. A Miscellaneous sale uses the Miscellaneous layout.
See also layout.
Transactions that involve any currency other than US dollars.
Used by MYOB AccountEdge when more than one person is entering information into the same company file at the same time to prevent different pieces of data from "colliding" into each other when they're simultaneously entered into your company file; such a situation, if not prevented, could seriously damage the company file.
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