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• Pricing Method
  To calculate the billing amount for an inventory item, Service Management supports both a markup on cost and a markdown from the Microsoft Dynamics GP list price. Select the Markup on Cost or the Percent of List radio button. Choosing  
  • Markup on Cost
  enables
  • 
    Enables you to mark up the cost of an inventory item using the price matrix selected for the customer's location.
  Choosing
  •  
  • Percent of List
  enables
  • 
    Enables you to mark it down from the list price established in the Inventory module.
• Item Costing
  • If you selected the Markup on Cost pricing method, you must select whether to use the
  current cost
  • Current Cost or the
  standard cost
  • Standard Cost to calculate the billing amount. 
  • If you chose the Percent of List pricing method, the Item Costing option is disabled since you are using the item's list price.

Payroll Posting: Create GL Journal Entries

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