Product pricing |
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| Applies to : Office Accounting Express, Professional |
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| As you have seen on the different product and service forms, you can set up sales and purchase prices for products and services (sales prices only for kits). The prices you set up is considered the standard prices for these products and services. |
The standard prices of products and services appear on the product and service list (in the Price column) and in Office Accounting Professional and Premium you can adjust the standard prices by using the |
| Change product or service prices option in the Suppliers menu. |
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| Product and service List |
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| Change Product or Service Price dialog (available in Office Accounting Professional and Premium) |
| The Change Product or Service Price dialog allows you to change the selected standard prices by either a percentage or an amount. You can also type the new price individually per product or service. |
| When selling the products and services you may want to differentiate you prices between different types of customers. This can be done on each invoice, either by adjusting the unit price, discount or line total, but if you want to have it automated you should use the price levels in Office Accounting. |
Price Levels |
| Price levels enable you to differentiate the unit price between different types of customers. You can use price levels to adjust unit prices up or down for the customer. |
| Price levels work as follows: |
- Any number of price levels can be defined in Office Accounting
- The price level will adjust the unit price of each line up or down with the specified percentage
- The original price cannot be seen on the invoice
- The price level can be set either on the customer form or on the sales forms (quotes, sales orders, invoices and cash sales)
- The price level can be changed on the sales form
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| Let us look at an example from the sample product company in Office Accounting: |
| You can set a price level for each customer on the details tab of the customer form: |
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| Price level on the customer form |
| The price level can be set to either increase or decrease the unit price for each product or service with a given percentage:
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| Defining a price level |
| In the example above, Litware has the Large Account price level and will thus get a unit price reduction of 10% on all products and services before additional discounts. So let’s say Litware wants to buy 10 fantastic kites with a net price of £10.00. When the kites appear on the invoice, the unit price will have been reduced by the price level. |
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| Standard sales price for a product |
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| Unit price adjusted by price level |