I/C Item Pricing Screen

If the selling price is based on Discount, select the method to use to discount the prices:

• Percentage. Discounts are a percentage of the base price. You specify the percentage to use in the table in the lower part of this tab.
• Amount. Discounts are the amounts you specify in the table in the lower part of this tab.

If the selling price is based on a markup, select the method to use to mark up item prices:

• Percentage. The selling price is calculated by marking up the base price by a percentage. You specify the percentage to use in the table in the lower part of this tab.
• Amount. The selling price is calculated by marking up the base price by the amount you specify in the table in the lower part of this tab.

Select the method you want to use to determine price discounts for the item.

• Customer Type. Pricing depends on the customer's type (A, B, C, D, or E). Customer types are assigned to customers in Accounts Receivable
• Volume Discounts. Pricing depends on the quantity of an item the customer purchases.

If Round Up or Round Down is selected for Rounding Method, enter the number to round customer discount prices. For example, if you type .05, prices that are not already a multiple of .05 are rounded to the next such multiple.

Note: This field is not available if No Rounding is selected for Rounding Method.

Select the rounding method, if any, that you want the program to use when it calculates customer discount prices or markup prices.

If you select No Rounding, prices appear exactly as calculated, to the number of decimal places specified by the Price Decimals field (or that your functional currency uses, if it uses fewer).

The program uses the selected rounding method when you discount or mark up prices by a percentage.

Select the method for calculating the selling price of the item using this price list.

• Discount. Discounts the base price for the item.
• Markup on Markup Cost. Marks up the "markup cost" entered for the item.
• Markup on Standard Cost. Marks up the standard cost of the item. (You assign standard costs when you add location details for items.)
• Markup on Most Recent Cost. Marks up the most recent cost of the item.
• Markup on Average Cost. Marks up the average cost of the item.
• Markup on Last Cost. Marks up the last cost of the item.
• Markup on Alternate Amount. Marks up the alternative amount specified for the item. (The name of the alternative amount is specified on the Processing tab of the I/C Options screen.)

Note: If pricing by weight, you can only choose between Discount and Markup on Markup Cost.

Select whether to check the unit price or the sales margin.

If Unit Price is selected for Check, choose the base used to determine whether the price falls within an acceptable range: the cost plus a percentage, the cost plus a fixed amount, or a fixed range.

Choose the type of cost to use for calculating the acceptable range.

Note: This field does not appear if you choose Fixed Amount for Check Base.

Choose how you want Order Entry to respond to price overrides.

• None. Order Entry does nothing about overrides.
• Warning. Displays a warning message and lets the user continue.
• Error. Displays an error message and rejects the price override.
• Approval. Requires a supervisor’s approval for price overrides.

Enter the normal or suggested selling price for the item. You also enter the unit on which the base price is expressed for Pricing Unit.

Note: This field is only available if Base Price for Single Unit of Measure is selected for Base Price Type.

Select how to calculate the base price:

• Enter a base price for a single unit of measure.
• Enter a base price for multiple units of measure.
• Calculate the base price from a cost. (You cannot select this method if you price by weight.)

Specify how you are calculating this price from a cost.

Specify how you are calculating this price from a cost.

Select the cost on which you are basing the price.

You can select from standard cost, most recent cost, average cost, last cost, or either of the user-specified costs.

Select either Cost Plus a Percentage or Cost Plus an Amount as the method for calculating a default price based on the item cost.

If you have a multicurrency database, you can also select Cost Converted Using Exchange Rate Plus a Percentage or Amount.

Select either Cost Plus a Percentage or Cost Plus an Amount as the method for calculating a default price based on the item cost.

If you have a multicurrency database, you can also select Cost Converted Using Exchange Rate Plus a Percentage or Amount.

Enter the description of the item to appear on price list reports.

This description also appears in Order Entry detail lines and on orders and invoices. This means that you can translate this description for price lists, orders, and invoices in other languages.

Note: When you use the Finder to select items in Inventory Control and Order Entry, item descriptions are always from the I/C Items screen, not the I/C Item Pricing screen.

Enter the markup cost to use when the base price or sale price is calculated by marking up your cost, .

This is a reference field and is not used in the calculation. (Markup cost is the only value used in a calculation.)

Enter the unit of measure (UOM) or click (the Finder button) and select the UOM to use for the markup cost.

Displays whether the price of this item is based on weight or on quantity.

If Weight is selected, you can set volume discount amounts or percentages by the weight of the items in the order. Item weights are calculated in Order Entry by multiplying the unit weight of an item times the quantity ordered, and converting the weight to default units.

Select the number of decimal places you want the program to use for displaying and printing prices and costs.

You can easily cut over from an old price list to a new one on a particular date. To specify a period when this price list is in effect:

• Enter a start date for this price list.
• Enter an end date that this price list expires.

The price list is always valid if the start and end dates are blank.

If you choose a price list in Order Entry before the start date or after the end date, the program will display an error message and enter a 0.00 price.

Enter the unit of measure (UOM) or click (the Finder button) and select the UOM to use for the base price.

If you entered a sale price, select the last date the sale price applies.

Enter the sale price for the item. You also enter the unit on which the sale price is expressed for Sale Unit.

Note: This field is only available if Sale Price for Single Unit of Measure is selected for Sale Price Type.

Select how to calculate the sale price:

• Enter a sale price for a single unit of measure.
• Enter a sale price for multiple units of measure.
• Calculate the sale price from a cost. (You cannot select this method if you price by weight.)

If you entered a sale price, select the first date the sale price applies.

If you entered a sale price, enter the unit of measure (UOM) or click (the Finder button) and select the UOM to use for the sale price

Enter (or click and select) the customer tax class for the tax authority.

This column displays the description of the selected customer tax class.

Enter (or click and select) the tax authority (such as a state or province) that taxes sales of the item. These taxes will be included by default in the item price. For example, in Canada, the GST can be included or excluded from the item price. You would add the GST to this tab to include it in this price list for this item. The Tax Included setting can be changed when creating invoices in Order Entry.

Note: The Select Tax Authority screen only lists tax authorities for which the Allow Tax in Price option is selected in the Tax Services screen.

Displays the tax authority description associated with the tax authority code.