Margins and Markups
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      1. SumoQuote Help Center
      2. Financials
      3. Margins and Markups

      Margin vs. Markup

      Set your account to show profit as a margin or markup.

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      • Margin = Profit as a percentage of overall revenue
        Example: 35% of our revenues were profit).
      • Markup = Percentage profit increase over the cost of goods/services sold
        Example: We added 35% to our total costs to give us our profit.

      Choosing Margin or Markup Language

      You can select whether you would like to use Margin or Markup language across your entire SumoQuote account.

      1. Go to Configuration > Account Settings > Products & Pricing
      2. Click on Edit under the Profit setting.
      3. Toggle either Use margin or Use markup on by clicking on the one you want to use.
      4. Click Save.