Price Adjustments

How to use the Mass Price Adjustment and the Price Adjustment List

Price Adjustment List

The Price Adjustment List controls your Inventory List pricing. This list enables you to search by item or apply item filters by department, manufacturer, class or vender to quickly adjust individual items. This is a simple way to scroll through items and save newly assigned prices and costs.

Mass Price Adjustment List

The Mass Price Adjustment list provides a more detailed way to make changes to multiple items in your Inventory List. Change costs and prices, departments, vendors and many other selections for all inventory items. To open the Mass Price Adjustments screen, hover over Inventory on the menu bar, find Price Adjustments, and click on Mass Price Adjustments.

 

Select Inventory Types

Select the type of inventory item you would like to make adjustments to. You may need to make adjustments to only service items, only retail items or only back-bar items. This allows you to adjust only the selected item type.

Select Status

You can select all items if the status is unimportant, choose only active items or only inactive items to make adjustments to.

Select Inventory Group

Choose one of the options displayed to change all of the items in that grouping. Select the group type from the drop-down menu corresponding to the group.

Next Button

Click the Next button to move on to the next screen of options.

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Select what you would like to modify on the left and enter the value for those options on the right.

Modify Retail Product Price / Cost

If any of the Retail Item Types or Backbar Item Types were selected on the previous page, this section of options allows you to edit the price or cost of these items. If you do not want to use any of these options, leave the selection set to None.

Enter Value

Use the Enter Value field to enter the new dollar amount or percentage, depending on the option selected on the left. A positive number will add the amount (example : 10.00) , and a negative number will subtract that amount (-10.00).

Modify Service Price

If you have selected the "Services" Item Type on the previous page, the options in this section will allow you to modify the price of these items. If you do not want to use any of these options, leave the selection set to "None".

Service Level

Select the service price level that you would like to modify if you have selected an option that applies to a single service price level.

Enter Value

Enter the value, either a fixed dollar or a percentage amount, depending on the option selected on the left.

Modify Sale Price

The options available here can be used to set the Sale Price or adjust the Sale Price for the items selected on the previous page. If you do not want to use any of these options, leave the selection set to "None".

OPTION	DESCRIPTION
Set Sale Price as a Percent of Retail	Select this option if you would like to set the Sale Price as a Percent of the Retail Price. This option will only make adjustments if a Retail Item Type was selected on the previous screen. Entering a percent amount in the "Enter Value" field to the right will increase the Sale Price of the items selected on the previous screen. For example, if the Retail Price of an item is $20.00 and you enter "10" into the "Enter Value" field, the Sale Price will be adjusted to $22.00. If you would like to adjust the Sale Price so that it is a discounted amount, enter a negative amount into the "Enter Value" field. For instance, if the Retail Price of an item is $20.00 and you enter "-10" into the "Enter Value" field, the Sale Price will be adjusted to $18.00.
Set Sale Price as a Percent of Retail Cost	Select this option if you would like to set the Sale Price or Employee Price as a Percent of the Retail Cost. This option will only make adjustments if a Retail Item Type was selected on the previous screen. Entering a percent amount in the "Enter Value" field to the right will increase the Sale Price of the items selected on the previous screen. For example, if the Retail Cost of an item is $10.00 and you enter "10" into the "Enter Value" field, the Sale Price will be adjusted to $11.00. If you would like to adjust the Sale Price so that it is a discounted amount of the cost, enter a negative amount in the "Enter Value" field. For instance, if the Retail Cost of an item is $10.00 and you "-10" into the "Enter Value" field, the Sale Price will be adjusted to $9.00.
Set Sale Price to a Fixed Amount	This option can be used to set the Sale Price to a fixed dollar amount.
Clear / Remove Sale Price	Use this option to clear the Sale Price for the items selected on the previous screen.

Select Type

This option determines which type of price will be adjusted. Select either "Client Sale" or "Employee Price" from the drop down menu.

Enter Value

Enter a percent amount or dollar amount into this field. If you are using either Set Sale Price as a Percent of Retail or Set Sale Price as a Percent of Retail Cost, you can enter a positive amount to increase the price or a negative amount to set a discounted price.

Sale Starts / Ends

These dates can be set if you have chosen the "Client Sale" type. Select the date that the sale starts and the date that the sale ends.

Other Options

You can also change information for the items selected on the previous page. Select the type of information that you would like to change and select the "New Choice" on the right. If you do not want to use any of these options, leave the selection set to "None".

OPTION	DESCRIPTION
Change Departments	If you need to edit a Department for multiple inventory items, select this option. After choosing this option, select the new Department from the "Select New Choice" drop down menu.
Change Inventory Class	If you need to edit a Class Type for multiple inventory items, select this option. After selecting this option, select the new Class Type from the "Select New Choice" drop down menu.
Change Vendor	This option can be used if you have switched Vendors for multiple inventory items. After selecting this option, select the new Vendor from the "Select New Choice" drop down menu.
Make All Active	If you have selected Inactive items on the previous screen, this option can be used to make all of those items Active.
Make All Inactive	If you have selected Active items on the previous screen, this option can be used to make all of those items Inactive.
Set No Discount Flag	This option allows you to check the "No Discounts on this Item" check box for all of the items selected on the previous page.
Clear No Discount Flag	This option allows you to uncheck the "No Discounts on this Item" check box for all of the items selected on the previous page.
Set Non Taxable Flag	Select this option if you would like to check the "Non-Taxable Item" check box for all of the items selected on the previous page.
Clear Non Taxable Flag	Select this option if you would like to uncheck the "Non-Taxable Item" check box for all of the items selected on the previous page.

Select New Choice

Select either a department, class or vendor from this drop down menu. The menu options depend on the option selected to the left.

Previous Button

Click the Previous button if you would like to go back to the previous page to select different types of items.

Next Button

Click the Next button to move on the next page where you will review the items selected for the change.

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Review the records displayed here to make sure that the correct items are going to be modified. Click the Update button when finished.

Update Button

Click the Update button when you are ready to modify the items in the list. If the items shown are not the items that you wish to change, select the Previous button to make changes.

Previous Button

Click the Previous button to go back to the previous page and make changes to your selections.