Settings: currency, tax, defaults and warnings

Settings change how prices are shown and what every new calculation starts with. Set them once and you rarely come back.

Set up in four steps

1. 1Your business: choose your store currency, decimals and how numbers are written. The Preview line shows the result.
2. 2Pricing defaults: choose margin or mark-up and the profit you usually want. Choose a rounding, for example up to the next 0.50.
3. 3Tax: type your VAT rate and tick the box if your shop prices already include VAT.
4. 4Warnings: set the margin below which a price counts as thin. Then press Save settings.

What each one does

• Margin is a share of the selling price. Mark-up is a share of your cost. A 25% margin is a 33% mark-up.
• Rounding always goes up, so it never lowers your profit.
• Minimum price: no price comes out lower than this.
• Orders per month: monthly costs like rent are divided by this number in new calculations.
• Thin margin below: prices earning less than this are amber on the Dashboard and in Catalog check.
• Open this page first: choose what you see after signing in.

Tip. Changing settings does not change calculations you already saved.