Setting up and maintaining Sell Prices for Item and/or Descriptors

Setting up and maintaining Sell Prices for Item and/or Descriptors

1.  Inventory Items
Basic Sell Price - To add the Base Sell Price go into Inventory>Items and add the base Sell Price.  In the absence of any other Sell Price conditions this price will be used.  If no Price is entered here then a zero Base Price is assumed.

Sell Price Matrix - A Sell Price matrix can be established against each Item where a Base Sell Price and Quantity Discounts can be defined for user-defined Price Levels.  A single Price Level is linked to a Customer record and whenever an Order is raised the Customer’s Price Level price is used.  To set this up you should first go into Pricing>Settings>Price Levels and set up a Price Level.  

The next step is to create the Prices by Price Level.  Go into Pricing>Item Pricing (or click on the ‘Pricing’ button on the Item Screen) and create a Sell price with Quantity Breaks for the Price Level.

Finally, go into the Customer Screen (Sales>Customers) and select a Customer.  Click on the ‘Pricing and Invoicing’ tab and attach one of the above Price Levels to the Customer

Unit of Measure Sell Price - If the Inventory Item has multiple Units of Measure then each UOM can offer a Sell Price based on a percentage of the Base Price.   To create these discounts go into Inventory>Items and select the Item.    Click on the ‘Related’ button down the right-hand side of the screen and select ‘Item Units’.  In the presented screen add the discount relating to the Items Alternate Unit

Special Pricing - Allows for the maintenance of promotional pricing of Items.  To create a special price go into Pricing>Special Pricing and create a special Price - covering a brief period - for the Item.  You will see the Special Price come through to the Order Line if the Date range of the Special Price is effective to the Order Line creation Date

‘On Sell’ Pricing - ‘Add-on’ Sales cover those additional products or services you wish to promote when certain Items are added to a Sales Order.  To create an ‘On Sell’ Price go into Inventory>Items and select the primary Item then go to the ‘Detail’ tab.  ‘Check’ the ‘Add-On Sales Apply’ checkbox then click on the adjacent ‘Item Add-On Sales’ button and add the Add-On Sale Item with its special Price when sold as an ‘Add-on’ Sale Item.

Job Order ‘Markup’ Price - This type of Sell Price is specific to Job Orders and only applies where the Item in the Job Order Line has been specifically ordered for the Job.  In this instance the Purchase Price will be used as a basis for evaluating the Sell Price.  You can see the setup options by going into Inventory>Items and, on the main panel, you will see two fields (‘Calculate Sell Price from Receipt Cost for Jobs’ and ‘Markup’)

2.  Descriptors
Base Sell Price -  is held against each Descriptor.  To add the Base Sell Price go into Inventory>Descriptors and enter a Sell Price into field ‘Standard Sell Price’.   In the absence of any other conditions this price will be used.  If no Price is entered then a zero Base Price is assumed.

Sell Price Matrix - A Sell Price matrix can be established against each Descriptor where a Base Sell Price and Quantity Discounts can be defined for user-defined Price Levels.  A single Price Level is linked to a Customer record and whenever an Order is raised the Customer’s Price Level price is used.  You should first set up Price levels by going into Pricing>Settings>Price Levels.  

The next step is to create the Prices by Price Level.  Go into Pricing>Descriptor Pricing (or click on the ‘Pricing’ button on the Descriptor Screen) and create a Sell price with Quantity Breaks for the Price Levels you have just created.

Finally, go into the Customer Screen (Sales>Customers) and select a Customer.  Click on the ‘Pricing and Invoicing’ tab and attach the Price Levels to the Customer

Special Pricing - Special Pricing allows for the maintenance of promotional pricing of Descriptors.  To create a special price go into Pricing>Special Pricing and create a special Price - covering a brief period - for the Descriptor.  The Special Price will come through to the Order Line if the Date range of the Special Price is effective to the Order Line creation Date.

Job Order ‘Markup’ Price - This type of Sell Price is specific to Job Orders and only applies where the Descriptor in the Job Order Line has been specifically ordered for the Job.  In this instance the Purchase Price will be used as a basis for evaluating the Sell Price.  You can see the setup options by going into Inventory>Descriptors and selecting Descriptor Subcontract.  On that screen you will see two fields (‘Calculate Sell Price from Receipt Cost for Jobs’ and ‘Markup’)

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