Updating Retail Price

 

The established price of the inventory item is the price charged to the customer at the time of sale at the point of sale. There are a number of ways to change the retail price detailed below:

 

 

This method of price control is a management tool that integrates into the Electronic Catalog system within TransActPOS.  What does this mean?  When the vendor publishes a new retail price and/or replacement cost, this tool will help you quickly update your inventory's information based upon your choosing.  At the end of this process, you have reviewed specific departments in detail, updated your inventory's prices as you determine and printed new labels reflecting the new retail price. 

 

 

 

Mass price adjustments are typically reserved for updating all items from a specified manufacture by a stated amount - percentage or dollar value. 

 

A manual change is at times the quickest method for changing a single item's price.  Within IC > File Maintenance, find the item, select edit and then change the Retail Price of the item.  Select save to complete this task.  The next sale will have the item price changed to the updated price. 

 

Promotions allow stores to preload sale pricing for multiple sales and manage when the prices go into effect.  Located within POS > File Maintenance > Promotions, this powerful utility allows you to implement promotional sales which originate from your primary vendor and/or create you own.  Tracking the cost of advertising, merchandise purchased, and the sale's profitability.