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Pricing

Pricing

010379.gif010380.gif010381.gif010411.gif010382.gif010383.gif

 

Pricing is intended for calculating and setting sale price as well as all other data influencing on it.

Formula Enter or select a formula for pricing.
Special Discount Enter percentage value for special discount. It is especially useful when you put an item on a time-limited special offer.
Max. D. Enter value of maximum discount for item.

If the set discount amount exceeds the one you set for maximum discount, the following warning is returned: The item may have up to 15.00% discount!

Currency Set currency for price. You can enter a foreign currency in pricing, but when issuing orders or invoices it will be converted to primary currency of price list.
000001.gif For warehouses where you post stock at retail price you cannot use pricing in a foreign currency. It is recommended that you create a foreign currency contract prices.
Price Calculation Using the Price Calculation box you can set how the sale price will be changing when modifiying pricing lines. For each individual item you can select the following:
  • Sale Price is Fixed - By selecting it you keep fixed sales prices regardless of the changes made to purchase price. Selecting it you will make changes to prices using price change document.
  • Markup is Fixed, Recalculate Sale Prices at Purchase - By selecting it you keep fixed mark-up of purchase price. That is why by any changes made to the purchase price, new sale prices are calculated according to the entered mark-up rate.
  • Gross Price and Markup Fixed - Whenever purchasing, it calculates new sale prices according to the most recent supplier's price (no other pricing factors are considered here). To recalculate sale price you have to check Save Sale Price to Register in the corresponding document type (Goods | Receiving) in order to display recalculated prices.
VAT Enter or select a tax type which is basically copied from the Accounts section of the General panel.
Retail price Based on sale price and tax rate - as set by tax type - the retail price is calculated automatically. The latter is equivalent to sale price increased by tax amount. Or, you can first enter retail price based on which the net sale price is calculated. Due to rounding errors it is important that you select the correct method for determining prices.
Minimum Margin

We add minimal margin that is fixed for this item. 

(If the minimal margin value is entered, the price in the contracted price list is lower than the specified minimum margin, Pantheo considers the price from the contract price list)

Maximum discount We add maximum discunt for this item. If the total rebate is higher on the  position, we get a warning: Ident can have a maximum rebate of XY%
Special Discount

Here we define an Specila discount for ident, which can also be limited in time.

Special Price

Here we define an Specila price for ident, which can also be limited in time. But we can have only one option, if we choose Special Price we can not choose Special discount or vice versa. In this case we get a message

 

RP This retail price is automatically calculated when we insert Special price
Sale price Enter sale price of the first price range (excluding VAT).
Markup Enter purchase price markup as percentage value.
Difference Calculates difference between sale and purchase price.
Wholes. price 1 Enter wholesale price of the second price range (excluding VAT).
Markup Enter purchase price markup as percentage value.
Difference Calculates difference between purchase and wholesale price 1.
Wholes. price 2 Enter wholesale price of the third price range (excluding VAT).
Markup Enter purchase price markup as percentage value.
Difference Calculates difference between purchase and wholesale price 2.
Spec Enter price of child item of compound item (for more information see price calculation ofor compound items).
Markup Enter purchase price markup as percentage value.
Difference Calculates difference between the purchase price and spec price.
Price on Shelf Label Displays the calculated values of retail price and shelf label pricing factor. It is useful when printing shelf labels to show, for example, price per KG.
000001.gif You can rename names of pricing levels (i.e. fields "Retail Price / Sale Price / Wholesale Price 1 / Wholesale Price 2 / Spec") at will in Pricing Level Names in Administration Panel | Program Parameters | Items | General.
000001.gif To see how prices are generated on the basis of the entered data, see Hierarchy in setting prices!
000001.gif You can view data from Pricing panel in Quick Pricing!
000001.gif To prevent users access or the ability to change markup and difference between purchase and sale price, assign them zero authorizations for pricing.
000001.gif To prevent users from changing or viewing this panel, assign them zero authorizations for costing.
000001.gif If you check Alllow Separate Pricing for Each Warehouse in the Administration Panel | Program Parameters | Items | General, an additional panel appears where you can set and view data on separate pricing (see Separate Pricing (LKPC)).


 

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