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| Overview of Pricing setup The price that will automatically be computed when a purchase is made, is based on a combination of the Customer and the Commodity. To find the price, the system looks in each of the price lists that the customer belongs to until it finds the commodity. Once your price lists are setup, you are ready to associate the commodities and price lists and specify what prices you will pay for each commodity/price list combination. Associating commodities & price lists Once you have entered all your lists you need to associate the commodities and price lists and specify the price for each combination. You have two options for making these assignments. You can either: 1. Select the price list and add the commodities, or 2. Select the commodity and add the price lists. Method 1- Select the price list and add the commodities From the Master Files menu, select Pricing; Price Lists. Click on the Price list desired and press the Edit Commodities & Prices button This screen shows items in the Level One list. The buying price for commodity #2 Copper will be increased by 10% (Scale price multiplied by 1.100) for all customers who are assigned to this list. You have a number of different ways of calculating a commodity list price. You may add to (+), subtract from (-), or multiply (*) the scale price or you may have a price equal to a price specified in the 'Amount' field. Click the 'Add' button. Select the commodity you wish to add to this list. Choose the formula you wish to apply to the scale price and enter it under the '+-*=' and the 'Amount' field. You can specify the beginning and/or ending dates. When all of the commodities have been added and priced for this list, press the Exit button to return to the Price list Master screen and select the next list. Continue until all of the lists have the desired commodities added and priced. Method 2 - Select the Commodity and add the Price lists From the Master Files menu, select Pricing; Commodity Pricing. This is the inverse process to method 1 but it works in exactly the same way. Simply add and price the lists that contain this commodity. In the above example, we are setting the price for #1 Copper for the different lists. The scale price is $0.560 per pound. Level One will get $0.570 per pound. The operators (+-*=) work exactly the same as for the Commodity Price lists above. You may use either method to link and price the commodities into lists. Back to Setup Checklist Forward to Button Menu Types