7.6. Price Simulator

The Price Simulator section from the Product window is an interface through which the user can more easily manage sales prices for a product. Prices entered here will be automatically completed on all corresponding price lists.

Discount Schema - if selected the discount/margin fields (2-6) will be initialised accordingly. The Discount/Margin schema can be selected for any product. It should only be used to initialize the discount/margin percentages.

Price (1-7):

• Each price (1-7) represents a sales price list.

• The price list version is the current one.

• The entered prices (1-7) will be written in the price list, the standard prices will be added to the price list allocated in the current version by pressing the Update Prices button.

• The Sales Price Lists include VAT.

• The rounding is done according to the price list.

• All 7 prices are mandatory and they have to be different from 0.

• You should create a mapping between Prices 1-7 and the sales price lists!!

Discount (%) (2-7):

• The Discount/Margin fields are of percentage-type.

• These fields are editable and display the first two decimals.

• The values in these fields can be:

  • Entered manually;

  • Initialized and updated as a selection of a discount schema (after selecting the scheme and leaving the Discount Schema field);

  • Calculated as a follow up of the modifications done to the price fields, after leaving the Price field.

  • The Discount % field is calculated as P1/P2 (e.g. Discount 2= P1/P2, Discount 6=P1/P6).

Margin (%) (1-7) - ReadOnly fields. Automatically updated when modifying the current cost or the sales prices. The Margin % field is calculated based on current cost value (Margin n (%) = ( Price n (%) - Current Cost ) / Curent Cost, where n is the price list number;

Save Prices - the button starts a process that adds prices to the allocated price lists in the current version at the date the process is run.

Nume schema discount - if you enter a name in this field, then the Discount/Margin schema will be saved with the percentages specific to each field.

Price includes Tax - if selected, the cost will include the VAT. The VAT rate used in the calculation is the default one from the product tax category;

Current Cost - always the biggest cost (from cost queue) with quantity different from 0 and that also includes the corresponding landed cost;

Cost unitar curent mediu - informative value, updated using the Get product cost process.