This outlines the steps to create, edit, and apply pricing formulas in the inventory management system.
Key Steps
1. Accessing the Pricing Formula Section 0:14
- Navigate to Billing on the main menu.
- Select Inventory.
- Click on Pricing Formulas at the top.
2. Adding a New Pricing Formula 0:30
- Click on Add Formula.
- Enter a formula name.
- Choose to round up to the nearest $1, $5, or $10.
- Create a rule by adding a multiplier and/or an add-on.
3. Editing an Existing Pricing Formula 0:52
- Select the pricing formula you wish to edit.
- Make the necessary changes.
- Note: Updating the formula will not affect existing frame prices.
4. Applying a Pricing Formula to a Frame 1:20
- Navigate back to Inventory.
- Select a frame and click on Edit.
- In the modal, confirm the wholesale price.
- Recalculate the price using one of the created formulas (e.g., standard formula).
5. Updating Frame Prices 1:46
- If you are managing multiple locations, you can update prices across all locations.
- Save changes by selecting Update Frame.
6. Automatic Price Calculation 2:01
If only one price is in the formula, it will be automatically calculated when added.