Update Sales Product List Price
Utilities Menu -> Inventory Control -> Rates/Costs/Prices -> Update Sales Product
List Price
This utility provides the ability to update the list price in
Sales Inventory and is useful for quickly
updating volatile pricing such as gas prices.
Any 'Special Pricing' by List setup in Price Codes for that sales product can also be
updated using a default of the same amount as determined by the
Net Change value.
The prompts include:
-
- PRODUCT #
- Enter the sales part for the price change, or select it from
the Inventory Search window.
OLD LIST
- The current list price defined in Sales
Inventory is displayed.
NEW LIST
- Enter the new List Price to apply in Sales Inventory.
If the feature to prompt for Reason Codes on Overrides is
activated in the Company Security Parameters
the reason for the price change is also tracked.
A window is provided to view previous changes to the List
Price tracked in the List Price and Based
List Price log.
NEW CHANGE
- The difference between the Old List and the New
List is displayed.
This becomes the default amount that will be applied to any List
price changes in the Price Code
table.
Special Pricing Details:
Any special pricing by Price Code on the
List Price on this sales product are displayed by Special
Price Code regardless of the expiry date of that Price Code,
with the description, quantity at which the price break takes
effect, current price break list, and the new list which reflects
the Net Change to be applied.
Note: This Special pricing update only applies to List
pricing, so Special pricing by Markup and by Discount
are not considered by this update.
The Update box can be checked or unchecked to control which
Price Codes are updated.
When the Update box is checked the New List reflects
the ( Current List * Net Change) and can be
over-typed as required.
When the Update box is checked a window is provided to view
previous changes to the special Price Code
records in the List Price Changes audit
log.
Note: If the Net Change recalculates the New List as
equal to or less than zero for a special Price Code, the New
List is changed to zero and the Update box is unchecked
but can be re-checked if required.
Finished?
- Click ACCEPT to proceed or CANCEL to abort.
Confirmation is required.
An audit record is written to the List
Price and Base List Price to track the changes in pricing and
price changes are also included in the Override Report.
Topic Keyword: RSPF122 (5090)