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Manage your prices with the aid of price lists

Written by Marco Kastrop on . Posted in Exact Online

In Exact Online Trade you have many ways to manage your prices. Prices can be set for multiple sales units, can be customer specific and can be updated via a batch update function in our current commercial release. However we do want to give you more functionality and really offer price management functionality that is required in a trading environment.

Therefore we plan to introduce price lists in Exact Online for the next release. A price list is a collection of items (or item groups) with or without volume discount tables that can be linked to customers. To keep a simple model, you can link a single price list to a customer. Within a price list, you can define multiple date ranges that will allow you to define prices for a specific period.

Completely new in price management (which really excites me and is not present in any of our previous product lines) is the possibility to set a type when defining a date range. This allows you to make a distinction between a ‘Basic’ and a ‘Special offer’ period. The advantage of the distinction in types is that you can set up a normal date range for prices, valid for the whole year  (e.g. start date: 01-01-2011 end date: infinite or 31-12-2011) and create a ‘Special offer’ for a promotional period in the summer (e.g. start date: 01-07-2011 end date:  15-08-2011). Each date range can have its own set of items/item groups attached. Effectively you can link a limited set of items/item groups in (volume) discount for the promotional period if you like, while the excluded item prices are taken from the basic date range.

Click on the image for a larger view

To give you really an artist impression, you can have a look at the mockup screen above that is the basis of the new functionality to link an item to a price list. In this screen you can define how the sales unit relates to the standard unit of the item, how to setup the base price for the item in the price list (with the nice feature to take over the actual sales price and how to enter a volume discount able (buy > 100 at once and you will grant 2% discount).

I hope that this new functionality will be of great value in managing prices in Exact Online Trade. The functionality is planned to be available in November 2011.

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