Enterprise Inventory Price Levels
Every inventory item has a base cost and a base selling price. However,
you may require more than one pricing level to represent different price
points. It may be special pricing for specific customer types, wholesale
or even employee pricing. Whatever reason you wish to establish different
price points know that there are no limits. You can define as many levels
as you require. Once you have established your pricing levels, you can
set customers to purchase at a specific
level and you can also set items on service
packages to sell at a specific level.
Watch the following video as a supplement to reading this article
Inventory Price
Levels
Accessing Inventory Price Levels
- To access Inventory Price Levels, click on the Enterprise Setup
command button in the Home tab
- Click Inventory Price Levels
under the Inventory Setup
node of the tree menu
in the left window
pane
- Click the List button
in the Search group on the Ribbon.
Fixed Pricing
Further to pre-defined pricing levels, any material line item within
a concern, inspection
or service package
can be set to a fixed rate or total. Fixed material pricing will override
any predefined pricing levels described above. As a result, it is only
recommended they be used when necessary as any changes to your established
pricing levels will not automatically update any material line items that
use fixed pricing.
- Fixed Rate - Allows
you to specify a specific price that is not calculated using one of
your established pricing levels as described above. The total dollars
will be whatever quantity you specify multiplied by the fixed price
you set.
- Fixed Total - Allows
you to specify the total to be charged for the material line item
regardless of the quantity being billed. This scenario is typically
used on menu priced services where the material dollars charged to
the customer needs to be a specific amount regardless of the quantity
being sold. An oil change is a good example where you may have a fixed
price for the oil used in the oil change regardless of how many quarts
or liters being used.