Item Concepts

The Price Method box in the Item Master tab lets you specify how to calculate column prices; as a system-calculated selling price or by manually entering a specific price.

 

Select the N/A option in the Price Method list box when the other price methods are not applicable or when you do not use column pricing. Click the drop down arrow and click N/A to select it.

 

Select the Discount option in the Price Method list box to use a discount percentage from list price to calculate column prices.

  1. Click the drop down arrow and click Discount.

  2. Enter the assortment code in the Assortment box for the quantity price breaks to apply to assortment pricing.

  3. Enter the quantity of this item the customer must order to receive the price break in the Qty box. (This figure can also be loaded from an O/PUS update.)

  4. Enter the desired discount percentage amount in the Percent box. For example, to specify 10%, enter 10. (This figure can be loaded from an O/PUS update.)

Note: The figure in the Price $ box is system-calculated.

Select the Gross Profit option in the Price Method list box to use a gross profit percentage from list price to calculate column prices.

  1. Click the drop down arrow and click Gross Profit.

  2. Enter the assortment code in the Assortment box for the quantity price breaks to apply to assortment pricing.

  3. Enter the quantity of this item the customer must order to receive the price break in the Qty box. (This figure can also be loaded from an O/PUS update.)

  4. Enter the desired gross profit percentage amount in the Percent box. For example, to specify 10%, enter 10. (This figure can be loaded from an O/PUS update.)

Note: The figure in the Price $ box is system-calculated. This figure does not necessarily represent the price in Order Entry. Select the Fixed Price option in the Price Method list box to manually enter a fixed price in the Price $ boxes for column prices.

If you select the Fixed Price option:

  1. Click the drop down arrow and click Fixed Price.

  2. Enter the assortment code in the Assortment box for the quantity price breaks to apply to assortment pricing.

  3. Enter the quantity of this item the customer must order to receive the price break in the Qty box. (These figures can also be loaded from an O/PUS update.)

Note: The figure in the Percent box is the percentage discounted from the List $ box in the Item Master tab. This figure is system-calculated and is updated each time the figure in the Price $ box is changed. The formula for calculating the discount percentage is: Percent = 1 - ((Column price x 100) / List $).

  1. Enter the desired selling price in the Price $ box.

Notes: The figure in the Price $ box is system-calculated. It does not necessarily represent the price in Order Entry. If you use this type of column pricing, the column prices do not change when you update from an O/PUS load. Select the Sales Asst option in the Price Method list box to create assortment pricing by dollar amount, with a discount percent from list, to calculate column prices.

If you select the Sales Asst option:

  1. Click the drop down arrow and click Sales Asst.

  2. Enter the assortment code in the Assortment box.

  3. Enter the subtotal dollar amount of this item the customer must order to receive the price break in the Qty box.

Note: When entering the subtotal amount in the Qty box, enter rounded dollar amounts. Do not enter decimals and cents.

  1. Enter the percentage amount to discount from the list price in the Percent box. For example, to specify 10%, enter 10.

Note: The figure in the Price $ box is system-calculated. This figure does not necessarily represent the price in Order Entry.

Select the Sales Asst GP option in the Price Method list box to create assortment pricing by dollar amount, with a discount percent from gross profit, to calculate column prices.

  1. Click the drop down arrow and click Sales Asst GP.

  2. Enter the assortment code in the Assortment box.

  3. Enter the subtotal dollar amount of this item the customer must order to receive the price break in the Qty box.

Note: When entering the subtotal amount in the Qty box, enter rounded dollar amounts. Do not enter decimals and cents.

  1. Enter the percentage amount to discount from gross profit in the Percent box. For example, to specify 10%, enter 10.

Note: The figure in the Price $ box is system-calculated. This figure does not necessarily represent the price in Order Entry.

See also:

In the Item Master Tab