The Pricing program is a electronic pricebook program, available for product enquires in other programs. At its basic level, you only need to have a product code, description, and prices. Integration features allow you to search and use the latest product prices when using the Invoicing, Jobcard Entry, Creditors, Time & Cost, Jobcost and Quoting programs.
To set up pricing, you can enter your own products, or import an electronic pricebook from your supplier.
Many merchants supply their customers with Electronic Pricebooks. These are electronic versions of their hardcopy price books. As a customer, the advantage of using such a facility is that you can use electronic updates to ensure you are always using the latest prices.
You can assign each product a Cost, Trade and Retail price, with a percentage automatically calculated between each price. (Discount from Trade = Cost price, and Margin above Trade = Retail price).
For accurate and lasting pricing, you can set (individually or globally), the percentage above trade margin for each product. An advanced feature allows you to group products into item classes, with separate discounts and margins for each class. Some suppliers provide electronic pricebooks with classes already assigned to products. All you need to do is enter the percentage discount and margin for the few dozen (or so) classes and the program will automate the process of assigning the values to all products.
The pricing program loads the items on this disk and then applies any changes to the products effected. Each product has a date set in the Last Update field when the change occurred. Electronic updates are available from most major merchants in the contracting industry.
You can have Ten Price Levels. Each level can be sold at either Cost, Trade, or Retail with a plus / minus percentage. After setting up the products with the specific discount levels, you then assign a level to a specific customer.