The Update Price List can be accessed from Inventory menu > Inventory Price List > Tools button > Update button. This form is used for updating the Commission and/or Sales Price selected items in the Inventory Price List grid area.
At the bottom of the form are selected methods you can use to update the Commission and/or Sales Price of the selected items in the Inventory Price List grid area.
The Update by Percent will update the Commission and/or Sales Price (make sure that you have selected to check either Commission or Sales Price or both) by the percentage rate entered. Example, Commission is selected in the Update Selected Fields section, Item A (item's selected) has a Commission of 5%, percentage rate entered in the Update by Percent field is 10. Clicking Ok button will update Item A's commission from 5% to 5.50% computed as 5% + (5% * 10%).
Another example, Sales Price is selected in the Update Selected Fields section, Item A (item's selected) has a Sales Price of 20.00, percentage rate entered in the Update by Percent field is 10. Clicking Ok button will update Item A's sales price from 20.00 to 22.00 computed as 20.00 + (20.00 * 10%).
The Update by Amount will update the Commission and/or Sales Price (make sure that you have selected to check either Commission or Sales Price or both) by the amount entered. Example, Commission is selected in the Update Selected Fields section, Item A (item's selected) has a Commission of 5%, amount entered in the Update by Amount field is 10. Clicking Ok button will update Item A's commission from 5% to 15% computed as 5% + 10.00.
Another example, Sales Price is selected in the Update Selected Fields section, Item A (item's selected) has a Sales Price of 20.00, amount entered in the Update by Amount field is 10. Clicking Ok button will update Item A's sales price from 20.00 to 30.00 computed as 20.00 + 10.00.
The Replace by Amount will replace the Commission and/or Sales Price (make sure that you have selected to check either Commission or Sales Price or both) by the amount entered. Example, Commission is selected in the Update Selected Fields section, Item A (item's selected) has a Commission of 5%, amount entered in the Replace by Amount field is 10. Clicking Ok button will replace Item A's commission from 5% to 10%.
Another example, Sales Price is selected in the Update Selected Fields section, Item A (item's selected) has a Sales Price of 20.00, amount entered in the Replace by Amount field is 10. Clicking Ok button will update Item A's sales price from 20.00 to 10.00.
Click the OK button to update the price list and close the form. On the other hand, click on the Cancel button to close the form without updating the price list.