Price Change: Build a Pricing Formula

Price Change Overview

This information is applicable to the Price Change wizard, accessed from Price Manager.

Use this wizard page to build a formula for calculating your new item prices.

1. Specify whether you want to calculate the new item prices from a current price or from the item cost (average unit cost).

2. If calculating from price, specify which of your price levels should be used as the starting point for the calculation. This can be the same price level to which the price changes will be applied or any of your other price levels.

Example: You wish to calculate new prices for your Employee price level, but want to calculate the new employee prices as a discount from your regular prices. Select Regular Price on this page. In the next steps you will specify how the new employee prices will be calculated from the regular prices.

3. Follow the on-screen prompts to complete your pricing formula. Refer to the table below for an explanation of your choices.

From Price: | Adding: Enter a percent or amount to be added to the existing price.
| Subtracting: Enter a percent or amount to be subtracted from the existing price.
| Multiplying: Enter a number by which the current price is multiplied. (Decimal entries allowed.)
| Dividing: Enter a number by which the current price is divided. (Decimal entries allowed.)
| As Is: Copies prices unchanged to another price level or to round your prices with no other change.
From Cost: | Adding: Enter a percent or amount to be added to the average unit cost to arrive at a new price.
| Multiplying: Enter a number to be multiplied times the average unit cost to arrive at a new price (decimals allowed).

4. If you want to round the new prices, select the Show Me Price Rounding options... check box.

5. Select N ext.