Life Sciences Advanced Finance Management module provides the capability to initialize a sales price and calculate markup fees for stocked and service items that were purchased for a customer-related project from the purchase price on the purchase order line. The price can be calculated considering or excluding discounts on the purchase order line.
When invoicing these purchases to the customer, a handling fee can be automatically calculated on top of the sales price according to the Project calculation handling fee group settings and added to the invoice proposal. The markup and the handling fee calculation can be set to use an individual value or accumulate all the applicable values for that specific scenario.