Repricing Inventory Using the Extended Options

Overview

Use this procedure to reprice your inventory using the extended price update. The Extended Price Update is used to update either Selling Price 1 or Selling Price 2, or both selling price fields. Extended Pricing is the suggest method of maintaining selling prices at various remote sites or at a single site. For example, a central site may maintain the pricing file and transmit it to remote sites for a tightly controlled update of the two selling price fields. Timing of price changes can be regulated through this option. At some pre-determined time, the remote sites may complete the update of the two price level fields. The central site may also control the actual update of these two price fields by limiting access to the Inventory Pricing Menu through System Security.

To reprice inventory using the extended price update:

1. From the Toolbar, click INV for Inventory.

2. From the Inventory menu, select Inventory.

3. From the Inventory Menu, select Inventory Pricing Menu.

   Open

   

4. Select Inventory Price Changes.

   Open

   

5. In the Beginning and Ending boxes, type a range of information that will limit the number of items to reprice, or leave blank to display all items.

6. In the Item Type box, type 1 for Service, 2 for Formula, 3 for Manufactured, 4 for Regular, 5 for Grain Manufactured, 6 for Grain Commodity, or 7 for Grain Formula.

7. In the Include Active Inventory Items Only? box, type Y to limit the selection of inventory items to only those with a Y for active status code set, or type N to include both active and inactive items in the selection of inventory items.

8. In the Price Each Location Separately? box, type Y to set prices and/or the market cost for each location, or type N to set the price boxes and/or market cost box to the same values for all location codes.

9. In the Save Current Prices Prior To New Calculations?", type Y to create a price schedule for each individual item with the old selling price, or type N to continue without creating a price schedule.

10. Click OK.

11. Select Extended Price Update.

12. Select Extended Option: Cash, Charge, or Both Price Values.

13. In the Printer box, type the number associated to the place you want your report to print.

14. In the Print Type box, type the number associated to the characters per inch to print the report in.

15. In the Copies box, type the number of copies of the report you want to print.

16. In the Pages From and To boxes, type the page number range you want to print the report for. Leave the boxes blank to print all pages.

17. Click OK.

Learn more about Inventory Pricing feature: