Selling Price
If the Advanced Pricing module is in use, Greentree Desktop
determines the selling price for an item using the option specified by
the user on the Advanced Pricing Structure Maintenance form.
If the Advanced Pricing module is not in use, Greentree Desktop
determines the selling price for an inventory item based on this hierarchy:
- If there is a price set up for the item, Greentree Desktop
uses this price. You can set up prices by location, unit of measure,
price book, and currency. You can also set quantity break and date-based
discounts.
- If a discount is set up, Greentree Desktop
applies the discount to the selling price (this can be an actual price,
or a discount percentage).
- If the user does not enter a specific selling price for the item,
you can use a markup percentage instead. In this case, the selling
price is determined by a markup or margin being applied to the item
cost.
- If there is no price (or markup) set up on the Selling Price Maintenance
form for the item, Greentree Desktop
checks the Price Books Maintenance form for markups or margins, which
can be assigned globally, or by analysis code.
For example, the user can set up a 100% markup to apply for all
items, or set up a 20% markup to apply to Analysis Code 1 items, 50%
markup to apply to Analysis Code 2 items, and the like.
- If Greentree Desktop
can't find a price or markup or margin, it returns a price of zero.