Pricing Shortcuts window

The Pricing Shortcuts window, accessed from the Set Item Prices window, allows you to define prices for all or selected items you sell.

Field Descriptions

Pricing Details

Round Prices

Select the method by which you want to round prices. The price that is rounded depends upon the selection you make in the Calculation Method section: Use Calculated Price, Make Price a Multiple of or Make Price End in.

■	Down Calculated prices will be rounded down to the nearest calculated price, multiple of a specific price or price that ends in a specific number.

■	To Nearest Calculated prices will be rounded to the nearest calculated price, multiple of a specific price or price that ends in a specific number, regardless of whether the price is higher or lower.

■	Up Calculated prices will be rounded up to the nearest calculated price, multiple of a specific price or price that ends in a specific number.

Pricing Method

Select the pricing method for the selected items.

■	Use Calculated Price Select this option if you want to use the exact prices that are calculated, using the method you chose in the Calculation Method section. Then, when you update the price, the selected item’s price will be the exact prices that were calculated.

■

Make Price a Multiple of Select this option if you want to use a multiple of the prices that are calculated, using the method you chose in the Calculation Method section. For example, if you want prices to be a multiple of 5, enter 5 in this field. Then, when you update the prices, the selected item’s calculated price of $23.48 will become $25.00.

■

Make Price End in Select this option if you want a specific amount to be used in the prices that are calculated, using the method you chose in the Calculation Method section. For example, if you want prices to end in “.99”, enter .99 in this field. Then, when you update the price, the selected item’s price will end in .99.

Calculation method

Select the calculation method for the selected items.

■	Percent Margin Select this option if you want to base the updated prices on percent margin. Enter the percentage in the field.

■	Percent Markup Select this option if you want to base the updated prices on percent markup. Enter the percentage in the field.

■	Gross Profit Select this option if you want to base the updated prices on gross profit. Enter a gross profit amount in the field.

Basis for Calculation

Select the method by which you want to base the new prices of the items whose prices you wish to update.

■	Average Cost Calculated prices will be based upon the amount you paid when you purchased or build the item, divided by the number of units on hand.

■	Last Cost Calculated prices will be based upon the amount you paid the last time you purchased or built the item.

Cancel

Click to close the window without saving your changes.

Update All Items

Click to change the selling prices of all items in your company file.

Update Checked Items Only

Click to change the selling prices of all selected items.

Tips for this window

Related Topics

■	Setting item prices

■	Enter your inventory opening balances

■	Customizing inventory