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#91 in Top Paid Apps > Business
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Description
SalesCalc is designed to help you to create irresistible deals
- quickly
- efficiently
- accurately
without having to remember formulas and equations
Anyone can use it - it's really so simple.
All you need is an iPhone.
If you need to calculate:
- Gross Margin
- Markup %
- Percent Change
- Percent Total
then SalesCalc is the App for you.
Most people in sales and purchasing rely on their favorite spreadsheets when they want to calculate margins, markups or discounts. Some folks have memorized the formulas and use a calculator for the task but we think that the iPhone presents an easier way to get the answers you need to close a deal quickly. Instead of having to remember formulas - you'll never make a mistake with SalesCalc.
SalesCalc will deliver your answer in under a second, all you need to do is input numerical values into 2 of the 3 fields. To clear the fields, just shake the iPhone.
SalesCalc puts a few of the most commonly used sales related calculations in the palm of your hand so the next time you are in deal making mode - reach out for SalesCalc and put together the best deal ever.
Here's to your Sales Success...
Some Definitions:
- Gross Margin is the percentage of the selling price that can be applied toward covering your operating costs and profit. Basically, 20% gross profit margin means that for every dollar generated in sales, you have 20 cents left over to cover basic operating costs and profit.
Larger gross margins are generally good for companies, with the exception of discount retailers which need to show that operation efficiency and financing allows them to operate with smaller margins. Since the Margin is the percentage of the price that is markup, it can never exceed 100%
- Cost of Goods Sold includes variable and fixed costs directly linked to the product, such as material and labor. It does not include indirect fixed costs like office expenses, rent, administrative costs, etc.
- Markup also known as Cost-Plus-Markup or Markup by Cost is the difference between the selling price and the cost divided by the cost of goods sold expressed as a percent. The initial markup of a retail product is also known as IMU.
- Markdowns or Discounts are used to generate sales and or clear inventory and are usually expressed as a percentage of the Original Price.
- Initial pricing is an extremely important step in merchandising. For retailers that use a traditional calculation, such as Keystoning, which is doubling cost to arrive at the selling price (100% IMU = 50% profit margin), this may or may not be adequate to be profitable, particularly after markdowns are taken. In reality, there are numerous examples of products that cannot be sold profitably, but need to be in the store to satisfy Customer needs. Therefore, other products need to be sold at higher MU%'s to cover the net losses of the products that lose money. SalesCalc gives you a few ways to price your products so that you can calculate your profitability using the method that best fits your business model.
What's New in Version 2.0
This app has been updated by Apple to display the Apple Watch app icon.
- Updated for iOS 9.
Information
Developer
Categories
Version
2.0
Size
1.1 MB
Game Center
No
VPP Device Licensing
Yes
Rating
Rated: 4+
Compatibility
iOS 8.0 or later
Devices
iPhone 4S, iPhone 5, iPhone 5c, iPhone 5s, iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus, iPhone SE, iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus, iPhone X, iPhone XR, iPhone XS, iPhone XS Max, iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max, iPhone SE (2nd generation), iPhone 12, iPhone 12 Pro, iPhone 12 Pro Max, iPhone 12 mini, iPhone 13, iPhone 13 Pro, iPhone 13 Pro Max, iPhone 13 mini, iPhone SE (3rd generation), iPhone 14, iPhone 14 Plus, iPhone 14 Pro, iPhone 14 Pro Max, iPhone 15, iPhone 15 Plus, iPhone 15 Pro, iPhone 15 Pro Max, iPhone 16, iPhone 16 Plus, iPhone 16 Pro, iPhone 16 Pro Max, iPhone 16e, iPad 2 (Wi-Fi), iPad 2 (3G), iPad (3rd Generation) (Wi-Fi), iPad (3rd Generation) (4G), iPad (4th Generation) (Wi-Fi), iPad (4th Generation) (4G), iPad (5th Generation) Wi-Fi, iPad (5th Generation) Wi-Fi + Cellular, iPad (6th generation) Wi-Fi, iPad (6th generation) Wi-Fi + Cellular, iPad Pro, iPad Pro (Cellular), iPad Pro (9.7-inch), iPad Pro (9.7-inch) (Cellular), iPad Pro 12.9-inch (2nd generation), iPad Pro 12.9-inch (2nd generation) Wi-Fi + Cellular, iPad Pro (10.5-inch), iPad Pro (10.5-inch) Wi-Fi + Cellular, iPad Pro (11-inch), iPad Pro (11-inch) Wi-Fi + Cellular, iPad Pro 12.9-inch (3rd generation), iPad Pro 12.9-inch (3rd generation) Wi-Fi + Cellular, iPad Air, iPad Air (Cellular), iPad Air 2, iPad Air 2 (Cellular), iPad Air (3rd generation), iPad Air (3rd generation) Wi-Fi + Cellular, iPad mini (Wi-Fi), iPad mini (4G), iPad mini Retina, iPad mini Retina (Cellular), iPad mini 3, iPad mini 3 (Cellular), iPad mini 4, iPad mini 4 (Cellular), iPad mini (5th Generation), iPad mini (5th Generation) Wi-Fi + Cellular, iPad (7th generation) Wi-Fi + Cellular, iPad Pro 11-inch (2nd generation), iPad Pro 11-inch (2nd generation) Wi-Fi + Cellular, iPad Pro 12.9-inch (4th generation), iPad Pro 12.9-inch (4th generation) Wi-Fi + Cellular, iPad Air (4th Generation) (Wi-Fi), iPad Air (4th Generation) (Wi-Fi + Cellular), iPad (8th generation) Wi-Fi, iPad (8th generation) Wi-Fi + Cellular, iPad Pro 11-inch (3rd generation), iPad Pro 11-inch (3rd generation) Wi-Fi + Cellular, iPad Pro 12.9-inch (5th Generation), iPad Pro 12.9-inch (5th Generation) Wi-Fi + Cellular, iPad (9th Generation), iPad (9th Generation) Wi-Fi + Cellular, iPad mini (6th Generation), iPad mini (6th Generation) Wi-Fi + Cellular, iPad Air (5th generation), iPad Air (5th generation) Wi-Fi + Cellular, iPad Pro 11-inch (4th generation), iPad Pro 11-inch (4th generation) Wi-Fi + Cellular, iPad Pro 12.9-inch (6th generation), iPad Pro 12.9-inch (6th generation) Wi-Fi + Cellular, iPad (10th generation), iPad (10th generation) Wi-Fi + Cellular, iPad Air 11-inch (M2) Wi-Fi, iPad Air 13-inch (M2) Wi-Fi, iPad Air 13-inch (M2) Wi-Fi + Cellular, iPad Pro 11-inch (M4) Wi-Fi, iPad Pro 11-inch (M4) Wi-Fi + Cellular, iPad Pro 13-inch (M4) Wi-Fi, iPad Pro 13-inch (M4) Wi-Fi + Cellular, iPad mini (A17 Pro) Wi-Fi, iPad mini (A17 Pro) Wi-Fi + Cellular, iPad (A16) Wi-Fi, iPad (A16) Wi-Fi + Cellular, iPad Air 11-inch (M3) Wi-Fi, iPad Air 11-inch (M3) Wi-Fi + Cellular, iPad Air 13-inch (M3) Wi-Fi, iPad Air 13-inch (M3) Wi-Fi + Cellular, iPod touch (5th generation), iPod touch (6th Generation), iPod touch (7th generation), Apple Watch Series 4, Apple Watch Series 5, Apple Watch Series 6 (GPS), Apple Watch Series 6 (GPS + Cellular), Apple Watch Series SE (GPS), Apple Watch Series SE (GPS + Cellular), Apple Watch Series 7 (GPS), Apple Watch Series 7 (GPS + Cellular), Apple Watch Series 8 (GPS), Apple Watch Series 8 (GPS + Cellular), Apple Watch SE (2nd generation) (GPS), Apple Watch SE (2nd generation) (GPS + Cellular), Apple Watch Ultra, Apple Watch Series 9 (GPS), Apple Watch Series 9 (GPS + Cellular), Apple Watch Ultra 2, Watch10, Watch10Cellular
Languages
English, German, Italian, Spanish
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