You can recalculate pricing on your order based on preconfigured Customer Category, Price Group, Product Line, or Vendor. Recalculate and apply these price changes after all products have been added to the order, but before the order is complete.
- Create a sales order, and make sure that all products are added.
- On the Details tab, right click any product, and then choose Recalculate Prices.
The Recalculate S/O Prices pop-up appears, with the default pricing for product selected. The Price / Costs appear on the right.
- From the Recalculate For list, choose the method you want to use for the new pricing.
Customer Category: The Category list displays the customer's current category. In the Category box, click
and choose the new category pricing that you want to apply. If you want the recalculation to include prices that have other overrides in place, select the Include Overrides check box.
If you choose Customer Category, you can now skip to step 7.
Price Group: The Recalculate S/O Prices list displays a list of the Price Groups represented by the products in the order.
Product Line: The Recalculate S/O Prices list displays a list of the Product Lines represented by the products in the order.
Vendor: The Recalculate S/O Prices list displays a list of the Vendors represented by the products in the order. You can set formulas for as few or as many Vendors as you like.
- From the C/L list, choose the cost or list price that you want to change.
- In the +/- cell, type + to increase the cost or a - decrease the cost.
- Either type the percentage by which you want to modify the price in the Amount column, or
To calculate the percent that belongs in the Amount cell, click the drop down arrow in the Calculator column beside the Amount column. In the Enter Desired Gross Profit Percent
Calculate your desired gross profit percent for the sale, based on the markup percentage. For example, if you want to make a gross profit of 25"%, type 33.33 into this box. This number should be entered as a whole percent, not a decimal value (i.e. 25 for 25%, not .25). When you enter your desired gross profit, the system calculates the correct discount and enters in into the Amount box. Press the Tab key after entering this value. box, type 40, and then click outside the pop-up. Inform ERP calculates the Amount as 66.67%. You can also calculate a Desired MultiplierCalculate the amount based on a multiplier. For example, if you want to make 3 times the cost, type 3, and the system will calculate a 200% markup. Press the Tab key after entering this value. , or CHAIN Discount Specify chain discount percent amounts, separated by slashes. For example, 15/10/2-5 means take 15% off total, n 10% off that, then 5% off that total twice. When you specify these amounts, the system calculates the corresponding amounts and enters them into the table for you. Press the Tab key after entering this value.. - Click Recalculate.
Inform ERP recalculates the prices and returns you to the Details page of the sales order, where you can verify the prices for each product. take you to the Line Items tab so that you can verify the new prices.