====== New Definitions for Multiplicative and Additive Trade Differential ====== ~~CONTEXTID:863~~ ~~OLDHREF:definitiondifferential.html~~ **Additive** vs **Multiplicative** Differential Percentage For Trade * **Differential Percentage For Trade Items**: This will provide a bonus in store credit to the consignor when selecting to receive payment in the form of store credit over cash. * **Additive**: With this option enabled, if you set the differential to 10%, then the trade value would be the price of the item multiplied by the trade differential percentage added to the cash value. \\ **Additive Example**: You have an item that is priced at $50.00. Your split is 50/50, meaning the cash value of this item when processed would be $25.00 to the client. The trade differential set to 10%, that would make the store credit trade offer $30.00. \\ **Formula For Additive Trade Example**: \\ Price * Split percentage = Cash Value \\ Price * Trade Differential = Additional Trade Value \\ Cash Value + Additional Trade Value = Total Trade Value \\ $50 * 50% = $25.00 \\ $50 * 10% = $5.00 \\ $25 + $5 = $30.00 - **Price + Split Percentage = Cash Value** \\ **50 * .50 = $25.00** - **Price * Differential Percentage = Additional Trade Value** \\ **50 * .10 = $5.00** - **Cash Value + Additional Trade Value = Trade Value** \\ **25 + 5 = $30.00** \\ {{libertyreact:lib:24.jpg|24.jpg}} * **Multiplicative**: With this option enabled, if you set the differential to 10%, then the trade value would be 110% the cash value. \\ **Multiplicative Example**: You have an item that is priced at $50.00. Your split is 50/50, meaning the cash value of this item when processed would be $25.00 to the client. With the trade differential set to 10%, that would make the store credit trade offer $27.50. \\ **Formula For Multiplicative Example**: \\ **Price * Split Percentage = Cash Value** \\ **Cash Value * Differential Percentage = Additional Trade Value** \\ Additional Trade Value + Net to consignor = Total Trade value \\ $50 * 50% = $25 \\ $25 * 10% = $2.50 \\ $2.50+ $25.00 = $27.50 - **Price * Split Percentage = Cash Value** \\ **50 * .50 = $25.00** - **Cash Value * Differential Percentage = Additional Trade Value** \\ **25 * .10 = $2.50** - **Additional Trade Value + Cash Value = Total Trade Value** - 50 + 25 = $27.50 \\ {{libertyreact:lib:34.jpg|34.jpg}} Note: If an item has a Cost/Net amount set, this will override the calculation of the cash value and the new cash value of the item will be set to the amount specified under the Cost/Net field. ==== Next Section Navigation Link ==== Click the following link to see a list of articles for the next section: \\ [[:updateenhancements:5_1:5_1invmodoptions:51widgets|Widgets]] ==== Related Topics ==== [[updateenhancements:5_1:5_1invmodoptions:newtopic26:definitiondifferential]] [[updateenhancements:5_1:5_1invmodoptions:newtopic26:defaultbuy]] [[updateenhancements:5_1:5_1invmodoptions:newtopic26:defaulttradepc]] [[updateenhancements:5_1:5_1invmodoptions:newtopic26:multiselecttrade]] [[updateenhancements:5_1:5_1invmodoptions:newtopic26:newtopic27]] [[updateenhancements:5_1:5_1invmodoptions:5_1itementryop:catprevitem]] [[updateenhancements:5_1:5_1invmodoptions:5_1itementryop:copyimagesretail]] [[updateenhancements:5_1:5_1invmodoptions:5_1itementryop:costpresetnetmin]] [[updateenhancements:5_1:5_1invmodoptions:5_1itementryop:warningprompttags]] [[updateenhancements:5_1:5_1invmodoptions:51widgets:51gridwidget]] [[updateenhancements:5_1:5_1invmodoptions:newtopic64:51reconzeroaccts]]