Multi-Level Pricing

Overview

• Price levels define the different prices at which the same product may be sold.
• The system parameter: UseMultiLevelPricing must be “True” to use this feature.
• Stone Edge supports the use of 10 price levels which can be defined for each inventory item.
• Examples for using price levels can be:
  • Wholesale
  • Retail
  • Club
• Price levels are given a name (user-defined), and names are assigned to customer records.
• By default, when an existing customer places an order, the price level is applied.
  • The system will use the price level indicated in the customer’s record
  • If the customer record does not specify a price level, the system will use the default price level (defined by the system parameter)
• Price levels do not affect imported orders
  • Pricing information that comes from the shopping cart system honored by Stone Edge
  • It IS possible to change the price of a product on an imported order at the Process Orders screen manually.
• NOTE: Turning multi-level pricing on/off requires the user to re-enter price information for products at each price level.

Defining Price Levels

Method #1

1. Gear Icon (Settings)
2. System Functions -> Set System Parameters
3. Parameter Group = pricing
4. Parameters
   1. UseMultiLevelPricing = True
   2. PricingLevel#Name -> user-defined name to identify what price level is used for
      (# is replaced by the numeric value of specific pricing level)
      NOTE: Ten price levels may be assigned 1 – 10. You can only have to in the whole system, not ten different for every product.

Method #2

1. Gear Icon (Settings)
2. System Functions -> Store Setup Wizard
3. Left-hand list click “Products & Inventory”
4. Click on the bottom of the page to get to Page 3 of 3
5. Checkmark “Use Multi-Level Pricing”
6. Enter user-defined names for levels of pricing in the table below
7. “Save and Exit” when finished

Enter Price Level Information for Products

Editing Singular Items

1. From the Main Menu, Click “Manage My Inventory” from the list on the left-hand side
2. Click “View & Manage My Inventory”
   NOTE: Can click the “Manage My Inventory” button from the Main Menu if not changed from the default.
3. Inventory screen now showing -> choose an item to be priced
4. Click “Pricing” from the list on the left-hand side
5. Click the “Edit” button in the top-right corner
6. Edit the item’s prices by clicking the corresponding box and typing in prices under Reg. Price for each price level
   NOTE: Sale Price can be defined if desired and if the item is on sale.
   NOTE: Margin percentage will automatically be set and cannot be manually entered.
   • Based on cost from supplier and price defined.
7. Click “Save” when done.

Using Multi-Record Editor

1. Main Menu.
2. Click “Manage My Inventory” from the list on the left-hand side.
3. Click “View & Manage My Inventory”
   NOTE: Can click the “Manage My Inventory” button from the Main Menu if not changed from the default.
4. The inventory screen now showing
5. Items -> Multi-Record & Price Editor (left-hand side).
6. “Edit Inventory Data” pop-up appears.
7. Select Fields to show in the table (the below fields are useful).
   1. Local SKU -> by default always shown
   2. Item Name -> for ease to know what item is being edited.
   3. Pricing 1 – 10 -> Show as many as defined by price levels.
      1. When adding Pricing categories 3 columns will show (pricing 1 will default to not have a number on the column title).
         1. Price#
         2. On Sale #
         3. Sale Price #
            NOTE: The assigned names of each Price level will not be shown.
      2. Edit the item’s prices by clicking the corresponding box and typing in the prices.
         NOTE: Changes are immediate and no save is required to confirm the change.
      3. Click “X” in the top-right corner when done.

 

Assigning Customers to a Price Level

1. Main Menu
2. Click “Manage My Customers” from the list on the left-hand side
3. Click “View & Manage My Customers”
   NOTE: Can click the “Manage My Customers” button from the Main Menu if not changed from the default
4. Customers screen now showing -> choose customer to be edited
5. Click “Edit” in the top-right corner
6. On the bottom of the screen find “Price Level” and click for a drop-down of price level categories created
7. Choose price level from the list
8. Click “Save” in the top-right corner.

 

 

Related System Parameters

• DefaultPOSPriceLevel
  • Sets default price level for POS system using numeric values.
  • Default set to 1 (Price Level 1).
• DefaultManualOrderPriceLevel
  • Sets default price level for the manual system using numeric values.
  • Default set to 1 (Price Level 1).
• DiscountLImitPriceLevel
  • Set to a numeric value that corresponds to the price level
  • NOTE: Only works for POS.
  • The price level selected acts as the cutoff for discounts.
    • EX: If 4 is the value, then Price level 4 is the cutoff.
      If the SKU price is $20 for price level 4 and the item is sold for less than $20 the system will skip the system when giving a global-based discount because it is already less than the specified price level.
  • Default set to 0 (no cutoff).
• UseMultiLevelPricing
  • True turns on multi-level pricing.