Customer Price Code Entry allows you to create Price Codes that are assigned to customers. There are 2 types of price codes, a "Hard" Price Code which is a fixed price (example: PC 1 = 5.00) and a Translated Price Code which is "Calculated" off of a "Hard" price code (example: 10% off of PC 1). A "Calculated" price can only have a "Hard" price code as the Base Price Code. Only "Hard" Price Codes can be assigned to a part number in "Costs and Prices Entry" in INVENTORY (5.1.2 field 2) since "Calculated" Price Codes have no set value for an individual part number.
The following is an example of how to setup a "Calculated" Price Code.
Price Code |
: |
6 |
A price code must be numeric. |
|
1. |
Description |
: |
10% off of List |
This field allows you to recognize what the price code is at a quick glance. |
2. |
Base Price Code |
: |
1 |
This must be a "Hard" (fixed) price code. |
3. |
Percent up/down |
: |
90.00 |
Enter Markup (110.00) or Markdown (90.00) of Base Price for Calculating this Price Code. In this case we are marking down 10%. |
4. |
Password |
: |
*********** |
You may password protect price codes. |
Of the 99 Price Codes available the following are reserved:
Price Code 1 is reserved for List Price.
Price Code 95 is reserved for the Customer's Last Price the item was sold.
Price Code 98 is reserved for the Current Source Replacement Cost.
Price Code 99 is reserved for Warehouse (Average) Cost.
A Last Quoted Price Code may be created. The Price will be recorded in this Price Code when the Quote Order is Printed or Faxed. This will not include the one time discount listed at the bottom of the Quote. You may then view this Price Code through "Inventory Inquiry" in POINT OF SALE (1.5) and in PURCHASING (3.3.1). You must set up the Price Code as the Last Quoted Price, and select it to be viewed at Inventory Inquiry in "POS Defaults & Comments" in SYSTEM MANAGEMENT (10.2.6.2 field 4 page 1).
The Price Codes may be password protected. The password will be prompted for when attempting to change the Price for a particular part number in “Costs & Price Entry” in INVENTORY (5.1.1, option C or 5.1.2 field 2).