83 lines
5.1 KiB
HTML
83 lines
5.1 KiB
HTML
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<!doctype HTML public "-//W3C//DTD HTML 4.0 Frameset//EN">
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<html>
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<head>
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<meta http-equiv="Content-Type" content="text/html; charset=windows-1252">
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<meta name="generator" content="Adobe RoboHelp 2019">
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<title>Department Pricing Formula</title>
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<link rel="StyleSheet" href="../qbpos.css" type="text/css">
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<style type="text/css">
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/* FORCE ALL FONTS TO 12PT */
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* { font-size: 12pt !important; }
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body, p, li, ol, ul, div, span, td, th, h1, h2, h3, h4, h5, h6 { font-size: 12pt !important; }
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</style>
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<object id="hhctrl" classid="clsid:ADB880A6-D8FF-11CF-9377-00AA003B7A11" width="0" height="0" vspace="0" hspace="0" border="0" type="application/x-oleobject"></object>
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<style title="hcp" type="text/css">
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<!--
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tr.hcp1 { vertical-align:top; }
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font.hcp2 { font-weight:bold; }
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-->
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</style>
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</head>
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<body>
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<script type="text/javascript" src="../ehlpdhtm.js" language="JavaScript1.2"></script>
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<p class="Help-Heading-1" style="background-color: #008000;">Department Pricing Formula</p>
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<p class="Help-Text"><a href="inven410.htm">Enter/Edit Item Price and Cost</a> <span style="color: #c0c0c0;">|</span> <a href="inven_pricelevels.htm">Use Price Levels</a></p>
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<p class="help-text"> </p>
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<p class="Help-Text">You have the option of entering your new item prices manually or letting Point of Sale calculate them for you using a department pricing formula. When Point of Sale calculates new prices, it does so by applying the department margin (or markup) to the average item cost to arrive at the regular price.</p>
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<p class="Help-Text">You specify the profit margin or markup to be used in your department records or on individual item records in inventory. If you enter one value, Point of Sale calculates the other.</p>
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<p class="Help-Text">Point of Sale uses the following pricing formula:</p>
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<table cellspacing="0" width="194">
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<col style="width: 54.749%;">
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<col style="width: 45.251%;">
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<tr style="height:25px;" class="hcp1">
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<td rowspan="2" style="width: 54.749%; padding-left: 1px; padding-top: 1px; padding-right: 1px; padding-bottom: 1px; vertical-align: center;">
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<p class="Help-Text"><font class="hcp2">Regular Price  =</font></p>
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</td>
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<td style="border-bottom: Solid 1px #000000; width: 45.251%; padding-left: 1px; padding-top: 1px; padding-right: 1px; padding-bottom: 1px;">
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<p class="Help-Text" style="text-align: center;">Cost <font style="font-family: Symbol;" face="Symbol"></font> 100</p>
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</td>
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</tr>
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<tr style="height:17px;" class="hcp1">
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<td style="width: 45.251%; padding-left: 1px; padding-top: 1px; padding-right: 1px; padding-bottom: 1px;">
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<p style="text-align: center; margin-top: 2pt;">100 Margin</p>
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</td>
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</tr>
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</table>
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<p class="Help-Info-Line">Example</p>
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<p class="Help-Text">With an average unit cost of $10 and a 40% margin.</p>
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<p class="Help-Text">(10 x 100)/(100 40) = $16.67 regular price</p>
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<p class="Help-Info-Line">If you want Point of Sale to calculate new item price(s) with a department pricing formula:</p>
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<ul>
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<li class="p-Help-Bulleted" style="margin-left: -20px;">
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<p class="Help-Bulleted">Enter a margin or markup in your <a href="../qbpos_departments/dept309.htm">department records</a></p>
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</li>
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<li class="p-Help-Bulleted" style="margin-left: -20px;">
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<p class="Help-Bulleted">Assign items to departments as you add them to inventory</p>
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</li>
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<li class="p-Help-Bulleted" style="margin-left: -20px;">
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<p class="Help-Bulleted">DO NOT enter item prices when adding the new item to inventory, Point of Sale will calculate them for you</p>
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</li>
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</ul>
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<p class="Help-Text">The pricing formula is applied only to new items in inventory (previous price = $0). Receiving <font class="hcp2">reorder</font> merchandise at a new cost on a voucher <font style="font-style: italic;">does not</font> automatically update item prices, however Point of Sale alerts you so you can adjust your price if desired. You can maintain your desired profit margin by manually <a href="pro_tip_using_margin_to_update_prices.htm">editing the margin or markup</a> on the item record back to the original level.</p>
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<p class="Help-Text"><a class="popupspot" href="JavaScript:hhctrl.TextPopup('A cost change may be very minor, such as 0.10/case, which is less than a penny per 12 units in the case. Since a price change may require re-tagging existing merchandise, changing shelf signs, etc. we let you make the decision when to reprice.','Microsoft Sans Serif,9',10,10,00000000,0xc0ffff)">Why aren't reorder item prices automatically updated when cost changes?</a></p>
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<p class="Help-Info-Line">If you DO NOT want Point of Sale to calculate new item price(s):</p>
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<ul>
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<li class="p-Help-Bulleted" style="margin-left: -20px;">
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<p class="Help-Bulleted">Do NOT define department or item margins or markups</p>
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</li>
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<li class="p-Help-Bulleted" style="margin-left: -20px;">
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<p class="Help-Bulleted">Enter your item prices manually at anytime in inventory</p>
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</li>
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<li class="p-Help-Bulleted" style="margin-left: -20px;">
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<p class="Help-Bulleted">Point of Sale will still calculate and display the margin and markup on the item record, but does not use them to calculate the item price(s) unless you <a href="inven410.htm">manually edit</a> them</p>
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</li>
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</ul>
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</body>
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</html>
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