What is Price level Manager and what are the types?
Price Level
1.Go to sales>Price level>Miscellaneous>Price level manager
price levels are different type of prices configure for selling the item to different customers.
Price level is one such feature which creates to all your need for customising and configuring the price.
we can configure price levels either to increase or decrease the rate of item from their normal rates.
For example:-
In your store you have one item whose selling price is rs.30,but the same item you want to sale for rs. 25 to your regular customer.
Pre-checks:-
1.Make sure you are in the standard or Professional Edition.
2.If not you can anyway buy that as a Custom license or you can also upgrade to the Standard or Professional Edition to enjoy all the features we have given.
There are four main price level type:-
1.Item Based price level
2.Item wise formula based price level
3.Formula based price level
4.Category wise formula based price level
5.Item wise conversion based.
6.Item conversion wise formula based.
7.Item slab wise formula based.
Where to Find it?
1.Item Based price level:-
we can directly give the selling price for items as per our wish.
1.Price level type :- item based
2.Price level name :- Enter the name of price level as per your choice
3.Short name:-Give a short name as per your choice.
4.Status should be Active
5.Press Enter in item detail field then item list will display , select the items.
6.Selling :- enter new selling rate which you wants to configure for this item.
7.Click F6 and save it.
2.Item wise formula based price level:-
Item wise formula price level is we can configure the different -different formula for each and every items as per our choice.
1.Go to sales>Price level>Miscellaneous>Price level manager
2.Choose item wise formula based by pressing space bar in price level type.
3.enter the name that you want to give for this price level.
4.choose the item.
5.Here you can see mark up and mark down option,you can use space bar to choose mark up or mark down option.
6.Click enter and choose based on option using your space bar,if the marked on going to be based on selling then choose selling and press enter. 7.you can choose if it is percentage or amount by using space bar,press enter.
8.give the value.click enter. similarly you can select another item and configure the formula as per your choice.
9.save it.
3.Formula based price level:-
Formula based price level is,we can configure one formula as per our requirement and it will applicable for all items.
1.Go to sales>Price level>Miscellaneous>Price level manager
2.Choose formula based by pressing space bar in price level type.
3.enter the name that you want to give for this price level.
4.Status should be Active.
5.Here you can see mark up and mark down option,you can use space bar to choose mark up or mark down option.
6.Click enter and choose based on option using your space bar,if the marked on going to be based on selling then choose selling and press enter. 7.you can choose if it is percentage or amount by using space bar,press enter.
8.give the value.click enter.
9.click save.
4.Category wise formula based price level:-
category wise formula price level is with this we can set price level for a particular category.
2.Choose Category wise formula based by pressing space bar in price level type.
3.Enter the name that you want to give for this price level.
4.choose the category. 5.Here you can see mark up and mark down option,you can use space bar to choose mark up or mark down option.
6.Click enter and choose based on option using your space bar,if the marked on going to be based on selling then choose selling and press enter. 7.you can choose if it is percentage or amount by using space bar,press enter.
8.give the value.click enter.
9.Click F6 and Save it.
5.Item wise conversion based
Item wise conversion based is used for making different prices to conversion basis for the particular item.Eg milk for litre its price is 40 and for ml 0.005.So that for 500 ml it will cost around 25 rupees.
1.Go to sales>Price level>Miscellaneous>Price level manager
2.Choose Item wise conversion based by pressing space bar in price level type.
3.Enter the name that you want to give for this price level.
4.Select item and select conversion for which you needs to update the price .
5.give the value.click enter.
6.Click F6 and Save it.
6.Item conversion wise formula based
Item conversion wise formula wise will help for mark up or mark down item rate with conversion basis.It will auto fix selling from net cost selling rate with formula configured.
1.Go to sales>Price level>Miscellaneous>Price level manager
2.Choose Item wise conversion wise formula based by pressing space bar in price level type.
3.Enter the name that you want to give for this price level.
4.Select item and select conversion type using space bar to select mark up or down and select based on selling or landing using space bar for which you needs to update the price .
5.give the value.click enter.
6.Click F6 and Save it.
7.Item slab wise formula based
For Slab wise formula based we are having details help video-
.
https://www.youtube.com/watch?v=atnxY0qjTUg
Please refer this video once.
Related Articles
How to configure price level for Air conditioned and Nom Airconditioned section?
Purpose:- In a Restaurant the price of all the items in Ac section and Non Ac section is different so in such case we use the Price level feature so that Bill that are generated from ac tables the rate will be increased accordingly Business ...Do you know how to create a new Item Hierarchy level in RetailEasy?
What is Item Hierarchy Level? The Item Hierarchy Level is used in Categorizing the items for better understanding, accessibility, and navigation. This can also help you for the Online website or Mobile App category structural designing. What are the ...How to purge data based on book types?
Book Type Book type I deletes all transaction data like Sales, Purchase, Purchase Return, RPOS Trac, etc. Steps for Book Type data purge: Click Tools > Utility Manager > Purge Manager. The Data Purge screen is displayed. In the Data Purge screen - ...Do you know how to add new values at an Item hierarchy level in RetailEasy?
What is Item Hierarchy Level? The Item Hierarchy Level is used in Categorizing the items for better understanding, accessibility, and navigation. This can also help you for the Online website or Mobile App category structural designing. What are the ...How to set up loyalty points based on the Payments types?
It is used for the loyalty to calculate based on the particular payment type alone. For E.g: when the payment mode credit card is selected then the store has to pay Some Percentage of service Charges to the Bank. So in that case it might consider as ...