The article has been updated successfully.Cost of Goods (COG )
On the bottom left corner of the Work Order screen, you can get a quick visual check of the COG involved in this job. The COG is displayed in light grey font when FrameReady is opened with levels 2 to 4. A general rule is that the retail price displayed in the upper right hand section be 3 times the COG.This display is also helpful if you are donating or discounting the frame job. It gives you a quick reference so that you know your profit margin and how much leeway you have.
A detailed report is available to determine the price breakdown on one or more work orders from the Work Orders file > Print Documents side bar button > Wholesale Costs button.
You can also see the retail price and wholesale cost in the Work Order Summary of Sales by Category Report.
Related Articles
- Work Order Components and Flow
- Framing Materials Section
- Applying Discounts on Work Orders
- Cost Report for Work Orders
- Interpreting the Work Order Sales by Category report
- Framing materials section of Work Order video
- Discounting Frame Jobs video
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Last Updated
3rd of December, 2009
