Frequently asked questions about trade margins
Posted: Thu Jan 23, 2025 5:06 am
Important! There is no mandatory form of the register, although there are recommendations for its execution (Appendix 2 to the Methodological Recommendations for the Formation and Application of Free Prices and Tariffs for Products, Goods and Services). In any case, the documentation contains the mandatory details specified in Article 9 of the Law on Accounting.
How often should trade margin adjustments be made?
In modern conditions, this should be done lithuania telegram number database constantly, since pricing is the most important tool in maintaining the competitiveness of the enterprise. By reducing the markup, demand is stimulated.
For example, the need for this arises when the shelf life of the product is coming to an end. It is also necessary to take into account the actions of competitors and if they have reduced the price, you should think about how to react so as not to lose customers.
Fluctuations in the markup may be related to changes in not only the retail price, but also the purchase prices. For example, if there are several suppliers and the cost price is different, then the product is sold at one price, but the markup is different.
How often should trade margin adjustments be made?
In modern conditions, this should be done lithuania telegram number database constantly, since pricing is the most important tool in maintaining the competitiveness of the enterprise. By reducing the markup, demand is stimulated.
For example, the need for this arises when the shelf life of the product is coming to an end. It is also necessary to take into account the actions of competitors and if they have reduced the price, you should think about how to react so as not to lose customers.
Fluctuations in the markup may be related to changes in not only the retail price, but also the purchase prices. For example, if there are several suppliers and the cost price is different, then the product is sold at one price, but the markup is different.