Navigation:  Key Concepts > Inventory Management > Categories > Category Detail Form >

Global Pricing - Category

Previous pageReturn to chapter overviewNext page

Global Pricing

WARNING:  Global pricing means that ALL inventory assigned to this category will sell for the SAME price, no matter what your true costs are.  Global pricing is best used for simple inventory such as pencils and paper clips.  Rather than hassle with fractions of pennies and charge more for red pencils than yellow pencils, you can sell all pencils at the same price.

CategoryGlobal

Global Pricing - Click in the box if you KNOW that you want to use the SAME PRICE for all inventory items assigned to the category.

It is suggested that you include a special indicator, for example PENCILS*** or PENCILS - GP, in the category name  This could prevent you from mistakenly assigning inappropriate inventory to the category.
If the box is unchecked then global pricing will not be applied.

 

Permanent Cost - To determine reasonable profit totals and margins, each inventory item in the category will be assigned this PERMANENT COST no matter what the actual cost may be.

Pricing Levels - For each defined pricing level, enter the FIXED selling price.

Set Existing Stock - will apply these prices to existing inventory items.