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Overview
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Once items have been added to the inventory, they can be easily priced and updated. |
To set prices, follow these steps:
- Go to Inventory> Pricing.
Use the search option to filter specific items. - Click on the Price A field for updating a product price.
- Enter the new price and press the Enter or the Tab key.
- The new price will be automatically recorded and the GPM updated.
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The system will automatically set the Price A for open market products, based on the landed cost and the GPM that has been established for the company at "Setup". |
Pricing Options
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When the E-commerce is enabled , you can set up a price per product that will apply on E-commerce transactions. When this field is available, you can perform actions like Export to Excel or Pricing Mass Updating that will include the web price. In any case, the next conditions must be given: -The customer's default price should be the A. -The setting Landed Cost as Price must be disabled. -The setting Hide Prices & Costs must be disabled.
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To change the Inventory Type information for a line item, just click on the Type field and enter the letter that matches the new inventory type you wish to assign, as follows: L: Local. |
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The user will have the option to use the tab navigation key to set price A and price B in an easy way.
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For an easier way to price Staging Area items, the system allows users to set the price directly from the Inventory > Pricing page.
Price Per UnitThe users have the option to set the prices per units for those product lines that may be sold as units.
After activating this option follow the next steps to see the Price Per Units column:
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For an easier way to price Hard Goods items, the system allows the user to set the price directly from the Inventory tab. Follow the steps below:
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Setting Prices for Inventory in UnitsFor an easier way to price Inventory in Units, the system allows the user to set the price directly from the Inventory tab. To do so, follow the steps below:
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Once the future sales inventory is created (for more information please read Setting and Creating Future Sales), you will be able to see this inventory and set the prices on it by going to Inventory>>Pricing>>future inventory. The prices that will apply for this inventory will be those of the price list for future sales or the price assigned in the PO for future sales. Remember if the setting Override Future Price with On Hand Price is enabled, the system will use the price set up for the On-hand inventory until the date set up in the mentioned setting according to some conditions. The system will pop up a message if this is the case: |
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Price B is open and can be used to enter an alternative price that will be displayed at the Order Entry screen. This price will not have any effect on the system and will not be used for any calculations. It is a simple reference value. |