Page Comparison

...

• Company base currency is USD

• Service costs are in EUR

  • This is the Local Currency

  • Cost is 100 EUR (= Local Cost)

• Reservation is in GBP

  • This is the selling or Quote Currency

• Markup rule is 1.10 (10% markup)

• Exchange Rates loaded:

  • Type C (Cost exchange rate)

    • 1.20

    • 1.00 EUR = 1.20 USD

  • Type Q (Quote exchange rate)

    • 0.80

    • 1.00 USD = 0.80 GBP

...

1. Convert local service cost (EUR) to base cost (USD)

   1. ServiceCost LocalCost * CostExchange = BaseCost

   2. 100.00 EUR * 1.20 = 120.00 USD

2. Apply markup to get base price

   1. BaseCost * Markup = BasePrice

   2. 120.00 USD * 1.10 = 132.00 USD

3. Convert base price (USD) to quote price (GBP)

   1. BasePrice * QuoteExchange = QuotePrice

   2. 132.00 USD * 0.80 = 105.60 GBP