Change Item Prices: Overview

Using Price Manager, you can calculate new prices for all or selected items in a variety of ways, from either the current price or the average unit cost.

A "price change" can be calculated and temporarily saved, applied to inventory when appropriate, and the previous prices restored later if necessary. From Price Manager, you can print markdown tags with both old and new prices, or inventory tags with just the new prices.

(Pro) Only Headquarters can change item prices. The price change records are sent to remote stores, where they can be viewed and used to print markdown price tags for the merchandise in their store.

When you access Price Manager, a list of your recent price changes is displayed:

To open a recent price change record, double-click its name in the list, or
Select View All to go to your full price change list, or
Select Make Price Changes to start a new price change record.

About the Change Item Prices List

This list includes all price changes you have made. There are three possible status conditions for price changes:

Pending: New prices have been calculated but not applied to inventory. You can still review, edit, or clear the new prices.

Applied: New prices have been applied to inventory and are in effect for sales.

Restored: Your previous prices have been restored.

To view or work with a price change record, select it in the list and then select View or Edit Price Change. Your options for the displayed record are outlined in the yellow help area on the record. See Working with Lists for general information on navigating and customizing the list.

What's important about making price changes?

A "price change" refers to one Price Manager operation. It can include any number of your items. Each price change is stored as a single record in your Change Item Prices list.
Changing item prices at one price level has no affect on the prices at your other price levels.
A price change is applied to only one of your price levels. You can calculate new prices from one price level but then apply them to a different price level if desired. This feature allows you to quickly calculate prices for one level relative to another or to copy prices from one price level to another.
You can calculate item prices in different ways for different groups of items in a single price change. For example, you could reduce all items in your Shoe department by 10%, in your Clothing Departments by 20%, and in your Accessories department by 30% and apply all to inventory at one time.
You always have an opportunity to review price changes before applying them to inventory.
A price change can be temporarily saved without the new prices being applied to inventory. This allows you to prepare a price change ahead of time and then apply it when ready.
A price change can be copied. This is a quick way to make subsequent price changes on the same group of items. Once copied, you can edit the new price change as necessary.
(Pro) If you use multiple units of measure for an item, the Unit of Measure field is added to the Price Manager item list. This field reflects your default sell-by unit of measure, and price changes apply to this unit only. If no default sell-by unit is defined, the base unit of measure is displayed and affected.