Quick Pricing

Products>File>Quick Pricing

Quick pricing is not available with Store Specific Products.

This option will allow globally pricing a showroom.  Selling Prices are calculated by multiplying the product costs by a specific percentage.  

The Quick Pricing Markup window allows adding, editing, or deleting the selling prices of the product records within the selected product type (rolls, items, or services). This screen allows applying factors that are used to calculate those selling prices.

Product Type – Select either Roll Goods, Items, Services, or All Products. If the All Products option is checked, all product selling prices will be affected.  

Cost to Use – Select either Roll or Cut cost. This cost is multiplied by the gross profit percentage entered below. This determination is usually made by normal purchasing habits. Only one cost may be selected. For a few products that are purchased at Roll cost and the rest are at Cut cost, manually adjust the selling prices of those records using the Add/Edit-Price Rolls, Items or Services button found on the Showroom Pricing screen. This would be the same if the reverse were true (buy mostly at Roll cost, but a few are Cut cost, etc.) 

Costs and Percents 

Gross Profit Percent – Enter a percentage amount to be used to calculate the gross profit markup for the selling price. The percentage amount entered here is multiplied by the roll or cut cost (depending on the selection above). 

Overhead percent – The overhead percentage can be included in the selling price calculation (optional). The overhead percent can be used as a “catch-all” to include cost factors such as use tax, uniforms, supplies, and anything else to include in the final selling price of the product. 

Freight – On every product record, there is a data field that can contain the cost of shipping the product. The freight cost on the product record is an estimated cost; a guide to be used in the calculation of selling prices. This is an optional entry; some dealers use freight costs and others apply freight as an overhead percentage. Freight charges for the same product vary across the country and you may handle freight a different way. However, if freight charges are not entered on the product record to include that factor as part of the selling price computation, click in this box.

Click the OK button to start the quick pricing process. The program will display a progress bar as it goes through all of the product records, calculating the selling prices. The selling price is placed in the field labeled PRICE 1.

If a mistake is made or to change any of the cost factors, simply run this function again. The selling prices are re-calculated and overwritten.

Quick Pricing will only update pricing for Price #1.

Please note the Rounding function will affect ALL PRICE LEVELS.   So if set to .99 before then set it to .99 here or if set to Actual in formulas leave it as Actual.