Options to Calculate the Selling Price

Option 1: Use Group Pricing

The markup is determined by the inventory group.

•Set the minimum and maximum markup under Stock Items >Stock (Inventory) Groups.

•To make 'Use Group Pricing' the default, go to Stock > Stock Options and select the New Defaults tab.

Option 2: Fixed Pricing

1.Deselect the Use Group Pricing option.

2.Check the Fixed option.

3.Enter the selling prices:

•First, choose between Exclusive or Inclusive pricing.

Option 3: Markup on Cost

Enter the minimum and maximum markup, then click on Spread Automatically or Manually input each markup.

Option 4: Special Prices

Specify the dates and the selling price. If you want to allow discounts on special prices, you must enable it in the Invoice Options.

Option 5: Volume Discount

•If Volume Discount is enabled, it will override Price Levels (Buy X Get Y).

•To add a Volume Discount, click the green plus sign next to volume discount field and enter the details.

❖ Example: If a discount applies when purchasing 5 or more beers (e.g., 15% off), but a six-pack (6 beers) does not receive the discount, check "Volume Discount: Use each quantity" to ensure it applies.

Option 6: Branch Specials

•Branch specials allow different branches to offer unique promotions.

•Manually enter start and end dates and the special prices.

•If a general special exists, it will be ignored.

•If the regular price is lower than the branch special price, the regular price applies.

❖ In the invoice's "Customer More" tab, the correct branch must be selected.

➢ To automate this, link an employee to a branch in the Employee form.

See also: Discount Rules.