Admin: Corporate Office
Page: Inventory > Inventory Items > Item Detail > Price and Discounts
The Price and Discounts tab is where you set a price for your item. You can define the amount and for which Stores and Associate Types they appear.
If you have multiple prices set for an item, the item uses whichever price is at the bottom of the list.
What We’ll Cover
- Adding a Price Adjustment
- Setting Price and Currency Type
- Setting Volume and Bonuses
- Reward Points
- Setting Price Availability
- Setting the Beginning and Ending Date
Adding a Price Adjustment
To add a price adjustment:
Click the Add Price Adjustment button.
The Price and Discounts pop-up opens.
Click Set Price to add the price.
Setting Price and Currency Type
Select whether an item will Display As a Discount or at regular Price.
The Discount option overrides any Price options you have set up for applicable:
- Price Groups
- Order Types
Type the standard sales Price for the item.
Select an available Currency type (USD by default).
Setting Volume and Bonuses
- CV Amount - Type the Commissionable Volume for the item.
- QV Amount - Type the Qualifying Volume for the item.
- Bonus Paid - Type the bonus paid to the Associate.
The CV, QV, Bonus Paid fields are only applicable to compensation plans that allow for them. If programmed, enter applicable volume in the fields; otherwise, leave blank.
If you have Reward Points set up in the system, enter the reward points amount.
Read more in the Reward Points Guide
Setting Price Availability
Stores - Assign for which stores this item will appear.
The item will only show if you configure the category selected on the Data tab with a matching store.
Price Group - Determine which Associate Type will see this item.
Order Type - Determine the Order Type assignment of the item.
Read more in Understanding Order Types
Regions - Assign the item to a region.
Associates must be in the selected region to see this item (determined by the Associate address).
Setting the Beginning and Ending Date
Adjust the date and time parameters to your preference for the price discount. If you want to leave the discount active with no end, make no change to the default parameters.
This feature is useful when a price or item is promotional or seasonal. By setting parameters, the price will not appear outside of these dates and times.
Entering an end time of 12:00 a.m. means the discount will end at the beginning of the day of the assigned end date, not the end. To end a discount at the end of the day, make sure the end time is set to 11:59 p.m. on the end date.