Configuration

• Percent to Add to Exchange Rate (%): This percentage is used in currency calculation. It is typically added to the current supplier RRP when working out what your RRP should be, during a product import. It can be used in cases where you need to account for bank charges (for example exchange rates or credit card charges). This percentage increase is applied first to every currency conversion. Add it as a number like "10", which would mean an increase of 10%.
• Fixed amount to Add to Exchange Rate (%): This fixed amount is used in currency calculation. It is typically added to the current supplier RRP when working out what your RRP should be, during a product import. It can be used in cases where you need to account for bank charges (for example exchange rates or credit card charges). This percentage increase is applied second to every currency conversion. Add it as a number like "1", which would mean an increase of 1.00 UK Pound (or whatever you have chosen your currency to be).
• Import Ballpark (%): When importing products, the RRP is automatically calculated based on the Supplier RRP. If the new RRP is within this percentage of the original RRP then nothing happens. But if the new RRP falls outside of this percentage, you get a warning showing you that you might need to adjust your RRP.
• Current Stock Valuation Percentage: When valuing current stock, which percentage of the RRP should be used? For accounting, the value of your stock is included in some calculations. If you prefer to assume that say the value of your business is less because stock in hand has less value than stock sold, you can adjust its valuation here.
• Lost/Stolen Stock Valuation Percentage: When valuing lost/stolen stock, which percentage of the RRP should be used? For accounting, the value of your stock is included in some calculations. If you prefer to assume that say the value of your business is less because stock in hand has less value than stock sold, you can adjust its valuation here.