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Markup is profit divided by cost. To add a markup, multiply the cost by 1 plus the markup: a cost of 60 with a 50% markup sells for 60 × 1.5 = 90. The profit is 30, which is a 33.33% margin on the price.
Advanced adds the details: more fields, your own assumptions and a fuller breakdown.
A markup always looks bigger than the margin on the same sale: 25% markup = 20% margin, 50% markup = 33.33% margin, 100% markup = 50% margin. Quote prices from the margin you need, not from a markup that sounds healthy.
QuickBilling's profit and loss report shows what you really kept after costs. See reports.
Divide the profit by the cost and multiply by 100. Cost 40, price 60: 20 ÷ 40 = 50% markup.
Multiply the cost by 1.3. A cost of 50 becomes a price of 65.
No. Markup divides profit by cost, margin divides it by price. A 50% markup is a 33.33% margin.
No. It runs in your browser and sends nothing to QuickBilling or anyone else.
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