Increase Stock Prices

Go to: Main menu > Maintenance module > Maintenance menu > Database Maintenance > Stock Maintenance > Increase Stock Prices.

Click Yes to continue.

This option enables you to adjust the prices of a number of stock items at once. A percentage increase can be applied to the Mark-up or the sale price.

Any prices changes will only be applied to stock items - not professional fees. The prices changes can also be applied to stock components of formulations.

Alternatively a set markup percentage can be applied across a number of products selected by either sales code or analysis group.

1. Select whether you want to Use a percentage increase or Use a set markup percentage.

• Use a percentage increase
  • In the Increase by field, enter the percentage by which you want the markups or sales prices increased.
  • Select Increase Markups or Increase Sale Price (exc GST).
  • Optional: Use the list arrow to select the GL Sales Group or Analysis Group to which you want this price increase applied.

    If you do not select a sales group or an analysis group the percentage increase will be applied to all stock items.

• Use a set markup percentage
  • In the New Markup Amount field, enter the new markup you want to be applied.
  • Use the list arrow to select the GL Sales Group or Analysis Group to which you want the new markup applied.

    To set a markup percentage you must select a sales group or analysis group.

1. Select Update formulations/ estimate types when a component increases if you want the prices of components within formulations to be increased.

   This will only happen when the individual formulation also has Automatically update when component price changes selected. This will only increase the price of the stock items within the formulations, not the professional fees.

   

2. Click OK to apply the price changes.