The Cost tab in settings allows you to set up how your costs are viewed in the system, create price levels, round your prices and add costs.
Click the gear icon at the top of the screen
Click the Cost tab
Displaying Costs:
Note: Show IR (Instant Rebate) for Salespeople and Show Cost for Salespeople are often created on the individual user level. If you do not want to set up permissions individually, the Cost settings allow you to create Cost permissions globally.
Show IR for Salespeople gives you the option to show, not show, or keep individual salesperson permissions to view instant rebates.
Do Not Sync - Keeps individual permissions to view or not view instant rebate information.
No - No salespeople will see instant rebate information in the system.
Yes - Salespeople will see the instant rebate information in the system.
Show Cost for Salespeople gives you the option to hide all costs, show an inflated cost, show landed cost, or keep individual permissions to view costs.
Do Not Sync - Keeps individual permissions to view or not view cost.
Hide All Cost - Hides all costs for salespeople.
Only Show Salesperson Cost - Displays an inflated cost.
Show Cost - Shows actual landed cost (the total expense associated with shipping a product).
How Costs are Derived:
Note: Prices can be customized by selecting a price rule cost calculation under Custom Pricing.
Cost + Cost Plus increases cost by a given percentage. This can be used to inherit other costs (ex: rent or utilities).
Note: By default the system derives cost by using Cost + Cost Plus.
The Cost Plus field will be used to populate the percentage that you want to increase your costs.
Cost + Cost Plus - IRs increase your costs by a given percentage and subtracts your instant rebates.
Buying Group Cost - Allows you to add a dollar amount to every item purchased from the buying group.
Dollar Round - Allows you to round to the nearest $1, $9 or $10.
Values are selected by clicking the drop down arrow.
Example:
$236.57 ($1.00 round) = $237.00
$236.57 ($9.00 round) = $239.00
$236.57 ($10.00 round) = $240.00
Landed Cost - Increases your landed cost by a dollar amount.
Upper Round - If the change of a price calculates greater than $0.50, Upper Round allows you to round to a given value. Leave the field blank if you do not want rounding enabled.
Example: $178.55 rounds up to $178.99
Lower Round - If the change of a price calculates less than $0.50, Lower Round allows you to round to a given value. Leave the field blank if you do not want rounding enabled.
Example: $1599.35 rounds up to $1599.99
Flat Value - A flat dollar amount can be added to a price level margin
Creating Price Levels:
Price level margins can be customized for all product groups or specific product groups.
To create a price level:
Click + Add Price Level
Enter the name of your price level in the Name field
Select the product group using the Product Group drop down
Note: Selecting All will apply the price level to all product groups. However, you may want to set different price levels for different product groups.
Select what the price level will list off from the List Off drop down.
Note: A value will need to be entered after selecting a List Off value. The system will allow you to use decimals.
Cost - Enter a margin percentage in the Margin field.
MAP - Enter a percent value in the Percent Off MAP field.
RDC - Select an RDC account using the Select RDC Accound drop down
MSRP - Select either Margin or Percent using the Change By drop down.
Enter a margin or percent value in the Margin or Percent field, depending on what was selected
List Price - Select either Margin or Percent using the Change By drop down.
Enter a margin or percent value in the Margin or Percent field, depending on what was selected
Sale Price - Select either Margin or Percent using the Change By drop down.
Enter a margin or percent value in the Margin or Percent field, depending on what was selected
Salesperson Cost Note - Select either Margin or Percent using the Change By drop down.
Enter a margin or percent value in the Margin or Percent field, depending on what was selected
Note: List Price, Sale Price and Salesperson Cost are uploaded prices.
A flat value can be added to the price level by entering a value in the Change Price By Dollar Amount field.
If no flat value is to be added to the price level, enter 0 in the Change Price By Dollar Amount field.
To save your price level, click the check mark
Click Save at the top of the screen