Price Markup Matrix

The Price Matrix panel in Standard Tables allows you to apply markups to parts as they are added to orders and to inventory items. These markups can be structured based upon the item cost to create a tiered pricing structure.

To set up a Price Matrix:

1. Select Standard Tables from the Setup menu.

The Standard Tables dialog box displays.

2. Select the Price MarkUp Matrix tab to display the Price MarkUp panel.

3. Enter a From and To price in the first row of the Matrix for the parts cost range for the first markup tier.

4. Enter a Markup percentage.

Markup percentage is the percent over (or under, as represented by a  negative number) cost at which you want the part to be priced at on  Manager orders.

5. Repeat steps 3 and 4 to apply markups to as many pricing tiers as you desire.

6. Choose whether you'd like to apply pricing to inventory items based on  Average Cost (the average cost of all inventory item purchases) or Last Cost (the cost of the most recently purchased inventory items).

7. Choose Apply Matrix to Inventory if you want to overwrite the current                inventory markups with the new pricing structure.

8. Choose Done when finished.

You are prompted to apply the markup to your Inventory.

9. Click Yes.