Simon Clive at 23:25, 1 December 2011

2011-12-01T23:25:14Z

Simon Clive: Created page with "Floating Price What effect is there of NOT defining the sell price for the BOM? Not defining a fixed sell price means that the price will change depending on the cost of the in..."

2011-06-29T03:56:24Z

Created page with "Floating Price What effect is there of NOT defining the sell price for the BOM? Not defining a fixed sell price means that the price will change depending on the cost of the in..."

New page

Floating Price

What effect is there of NOT defining the sell price for the BOM?

Not defining a fixed sell price means that the price will change depending on the cost of the inputs. In the case of
our wagon, we give the buyer a choice of colour which has no impact on price and a choice of wheels which does
change the sell price because some wheels are more expensive than others. Having a floating price ensures that
you are always selling your product at the set markup. See also Floating Price<LinkId=980>

Note: If you change a component product in the Bill Of Materials, you must save the product and then re-open it and
re-enter the markup percentage to recalculate the price.

Select Inventory
Create a new Product of the type Inventory Part
Enter a %Cost/Sell which will be your Gross Margin % regardless of the cost of the product
Set the sell price as "0" The system will now calculate the sell price for each order

@@ Line 1: / Line 1: @@
-Floating Price
+'''Floating Price'''
-What effect is there of NOT defining the sell price for the BOM?
+What effect is there of '''NOT''' defining the '''Sell Price''' for the '''BOM?'''
-Not defining a fixed sell price means that the price will change depending on the cost of the inputs.  In the case of
+'''Not''' defining a '''Fixed Sell''' price means that the price will change depending on the cost of the '''Inputs'''. In the case of our wagon, we give the buyer a choice of colour which has no impact on price and a choice of wheels which does change the '''Sell Price''' because some wheels are more expensive than others. Having a '''Floating Price''' ensures that you are always selling your product at the set '''Markup'''. <br>
 our wagon, we give the buyer a choice of colour which has no impact on price and a choice of wheels which does
-change the sell price because some wheels are more expensive than others.  Having a floating price ensures that
-you are always selling your product at the set markup. See also Floating Price<LinkId=980>
-Note: If you change a component product in the Bill Of Materials, you must save the product and then re-open it and
+'''Note''': If you change a component product in the '''Bill Of Materials''', you must save the product and then re-open it and re-enter the '''Markup %''' to recalculate the price.
-re-enter the markup percentage to recalculate the price.
-Select Inventory
+*From the '''Main Menu''' select '''Inventory''' and create a new Product of the type'''Inventory Part'''
-Create a new Product of the type Inventory Part
+*Enter a&nbsp;'''%(Ex): Cost/Sell''' which will be your '''Gross Margin&nbsp;%''' regardless of the cost of the product
-Enter a %Cost/Sell which will be your Gross Margin % regardless of the cost of the product
+*Set the '''Qty Sell''' price as '''$0.00''' The system will now calculate the sell price for each order
-Set the sell price as "0" The system will now calculate the sell price for each order

12 Floating Price - Revision history

Simon Clive at 23:25, 1 December 2011

Simon Clive: Created page with "Floating Price What effect is there of NOT defining the sell price for the BOM? Not defining a fixed sell price means that the price will change depending on the cost of the in..."