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Promotions
You can create a promotion with your own list of items and prices for a specific date range, or you can select a vendor promotion. When a promotional item is entered into Ring Sale, the system compares the promotional price to other applicable discounts and pricing schedules to determine the best price for the customer.
Upon clicking Promotions, the Promotion Maintenance screen opens to the List tab.
The Details tab includes a promotion cost summary and available reports.
Cost Summary
This displays the material costs and shipping costs for the number of pieces included in the promotion. The Total Cost and Per Piece Cost are calculated for reference.
To view a sales report for the promotional items, enter date ranges and click Generate.
The Sales Date range correlates to the actual sale dates of the products. The Receipt Date Range is of interest to understand how much inventory was purchased in preparation of the promotional sale. Adjust this date to a date range that would include the receiving activity prior to the sale.