Auto Calculated Cost and Markup Rates

Auto Calculated Cost and Markup Rates

It would be cool if SQ automatically notified you of an item that has a cost that is higher than the set price; and if there was a way the price was automatically calculated based on a set markup from the cost.

 

For example; when creating a Purchase Order for a vendor, an option to select a percentage markup for prices on the same page as the costs for each item. 

8 Replies
Square Community Moderator
Status changed to: Open

Hello again @hopemajor ,

 

Thank you so much for submitting this Feature Request! I've updated it to the "Open" status. This step in the Feature Request process will be a time in which other sellers can add their use cases to your idea to make it stronger and demonstrate further how much it is needed. Later on, we'll re-visit the most popular feature requests in the "Open for Votes" status and bring them to product teams.


To other sellers that see this feature, please “like” the post and reply with a use case that your business would have. This will help to signal that this feature request is even more important to address.



I would love to see this feature implemented. Our main vendor changes cost and retail price with the weather and no notice given and this feature would make it so much easier to stay profitable when the cost changes.

@acscoutshop Same here. If you happen to know any other SQ members that would be interested in this feature please tag them so they can participate and hopefully gain the attention of the Support Team

This would be cool. Maybe have a cost tracking report that you could look at on a variation level so you could easily see if you need to update a price. Or just have a way to see items that have a change in cost (higher or lower) after you have received a purchase order.

@ndixon Yes I can't tell you how many times I've come across an item that we're selling for cheaper than we bought it for because prices change so often. 

We would love this feature as well. Would make thing simpler and less stressful. 

Is this being worked on?

Admin