What is AIA Billing?
This article shows Heating & Air Conditioning (HVAC), plumbing, electrical, General Contractors, and Construction companies how to perform AIA billing. Specifically we will show construction...
View ArticleStrategic Service Parts Markup System
Strategic Parts Multiplier System The idea behind Strategic Parts Pricing is to assure that our company produces a reasonable gross profit on all parts and materials sold thru its service department....
View ArticleMargin Versus Markup
Markup Versus Gross Profit Margin We’re glad you took an interest in this topic on margin and markup. This topic explains the difference in gross profit margin (or profit margin) and price markup....
View ArticleCalculating Gross Profit Margin
How do I calculate gross profit margin? We are often asked how to calculate gross profit margin (gross profit expressed as a percentage). Here is the formula: Gross Margin = (Income – Cost of Goods...
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