Not a Feature of Standard Edition
If you accept products from customers in trade for your products or services you may want to use this feature of POSitive. There are three different ways of handling trade-in products. Be sure to read the Trade-Ins topic for specifics about the use of these options.
Track Trade-Ins (Used Items) Under One SKU
• | If checked, when you press CTRL-T on an invoice you will be prompted to select a SKU, value, and condition of the item. (Creates New & Used Stock Counts) SKU Prefix / Suffix - to easily distinguish used products, enter prefix (suffix information is optional). This can be alpha numeric. TIP: The letter U for both the Prefix and Suffix make products easy to identify. |
• | If unchecked, when you press CTRL-T you will be prompted to enter only a description and value of the item. (One of a Kind Trade In) |
Calculate Trade-In Price From Existing SKU (for Advanced Trade-Ins ONLY)
Advanced Trade-Ins operate on rules which will automatically calculate the trade in value of a used item. This setting identifies the SKU to be used as the base price.
• | Existing SKU Prefix - enter the same prefix/suffix as listed above if you want the used item to be the basis of price. Enter a different prefix or leave blank. |
• | Existing SKU Prefix - |
Do Not Charge Tax On Trade-Ins (for Advanced Trade-Ins ONLY)
Because Advanced Trade-Ins are controlled by an inventory category designed to sell new and used items, this setting makes sure that trade-ins being re-sold are not charging tax.
Prompt If Used Items Are Available When Selling New Stock
• | If checked, when you sell a product by entering the primary SKU, you will be prompted to select either the used or new items in stock. |
• | If unchecked, you will not be prompted. |
Label Form - select a label to be printed for used items. TIP: the label can be specially formatted to indicate warranty/return disclaimer or other information.