Knowledgebase: Frames Inventory
How do I use the "frame mark up" formula?
Posted by Meghan Modreck on 12 Mar 2014 11:53 AM

The frame markup formula auto-calculates your frame retail price based on the group cost (list wholesale cost) of your frames. The formula can be specific to a collection or you can leave the collection field blank to create a "universal" markup formula for all frames.

The Start Group Cost and End Group Cost is the wholesale price range that this formula will apply to. The system will then take any frame that has a group cost between those 2 values, multiply it by the Multiplier, and a flat dollar amount if you entered one in the Amount field (leave blank if you just use a multiplier) and update frame retail price. Ends With field will add whatever value you enter to the end of the price that is calculated by MVE.

NOTE: Frames added after the markup is set will be calculated based on the formula.

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