Price Lists – Price Calculation Methods
On Protean there are 8 types of price calculation available to use on Parts.
Actual Cost Plus % – If this method is chosen the system will look at the cost price of the stock item that was actually paid (as opposed to the list price etc) and then adds on the percentage entered here and calculate the new selling price. For example if the actual cost of the Bolt was 50p and we wanted to add a 50% margin then the selling price would be 75p.
Actual Cost Plus Value – If this method is chosen the system will look at the cost price of the stock item that was actually paid (as opposed to the list price etc) and then adds on the value entered in the value box to create the item selling price. For example if the cost price of the Bolt was 50p and we wanted to make a profit of a £1.00 on all our stock the system would show the selling price as £1.50.
Standard Cost Plus % – If this method is chosen the system will look at the buying price of the stock item and then add on the percentage entered here and calculate the new selling price. For example if the buying price of the Bolt was 50p and we wanted to add a 50% margin then the selling price would be 75p.
Standard Cost Plus Value – If this method is chosen the system will look at the buying price of the stock item and then add on the value entered in the value box to create the item selling price. For example if the buying price of the Bolt was 50p and we wanted to make a profit of a £1.00 on all our stock the system would show the selling price as £1.50.
Standard Price Less % – If this method is chosen the system will look at the selling price of each piece of stock on the stock record screen and reduce the selling price by the percentage entered in the Percent box. For Example lets say a Bolt had a standard selling price of £1.50, if we then choose to take the Standard Price Less 10% on this price list selected the customer would purchase this bolt for £1.35. The default postition on Protean is Standard Less 0%.
Standard Price Less Value – If this method is chosen the system will look at the selling price of each piece of stock as held in the stock record screen and reduce the selling price by the value amount entered in the value box. For example the standard selling price is £1.50 and we are reducing the value of it by 10p the price would show as £1.40 on this price list.
Supplier RRP Plus % – If this method is chosen the system will look at the RRP of every stock item and then add on the percentage entered here and calculate the new selling price. For example if the RRP of the Bolt was 50p and we wanted to add a 50% margin then the selling price would be 75p.
Supplier RRP Plus Value – If this method is chosen the system will look at the RRP of each stock item and then add on the value entered in the value box to create the item selling price. For example if the RRP of the Bolt was 50p and we wanted to make a profit of a £1.00 on all our stock the system would show the selling price as £1.50.