Margin and cost are important in a point-of-sale (POS) system, as they directly impact your business’s profitability. Here’s a breakdown of these terms and how they function in POS: Margin: This refers to the difference between a product’s selling price and its cost price, typically expressed as a percentage. It essentially represents the profit you […]
An essential indicator of a company’s profitability is its margin. Businesses may assess how well they turn sales into profits by measuring the difference between sales revenue and associated costs. In Odoo, margins are often associated with the pricing of products. The margin represents the difference between the cost price and the selling price of […]