TipThe Price & Warranty tab is divided into the following sections:
· Warranty
The Price Settings section lets you define the standards to calculate the price of an item. For example, you can define the unit of measurement to order or issue an item, and markup.
Tip
To view the Price Settings section, click the Price Settings link.
1. In the Inventory module, search and view an item record.
2. Click the Price & Warranty tab.
3. In the Price Settings section, click the Edit Price Settings link.
4. In the Edit Price Settings dialog box, edit one or more of the following:
a. In the Unit of Order list, select a unit of measurement you want to use to order the item. Examples of unit of order are Each, Gallons, Foot, and Pounds per Square Inch (PSI).
b. In the Is Tax Exempt list, select an option to specify if the item is tax exempted.
c. In the Unit of Issue list, select a unit of measurement you want to use to issue the item. Examples of unit of issue are Each, Gallons, Foot, and Pounds per Square Inch (PSI).
d. In the Use Markup list, select the markup type as by item or by storeroom.
e. In the Unit Multiplier box, type the amount by which you want to multiply the items ordered to receive a desired quantity of item.
f. In the Markup box, type the percentage amount you want to add to the true cost of the item.
5. Click one of the following:
§ Save to save the information and close the dialog box.
§ Cancel to disregard any changes and close the dialog box.
The Edit Item Price link lets you edit the unit price, shipping, and the tax cost of a newly added item or an existing item.
For a newly added item, you must specify the item quantity in the Edit Item Price dialog box. For an existing item, the available quantity of the item must be greater than zero in the inventory.
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Note: You can adjust the price of only those items having status as active or closed. |
1. In the Inventory menu, search and view an item record.
2. Click the Price & Warranty tab.
3. In the Price Settings section, click the Edit Item Price link.
4. In the Edit Item Price dialog box, edit one or more of the following:
a. In the New Unit Price box, type the unit price of the item.
b. In the New Unit Shipping box, type the unit shipping price of the item.
c. In the New Unit Tax box, type the unit tax to be charged on the item.
d. In the Price Adjustment Reason list, select a reason for the item price adjustment.
e. In the Additional Comments box, type a note about the item price adjustment.
5. Click one of the following:
§ Save to save the information and close the dialog box.
§ Cancel to disregard any changes and close the dialog box.
