Price Matrices

This help topic is applicable to the following TireMaster applications:

TireMaster Point of Sale

TireMaster Plus

TireMaster Corporate

With a price matrix, an item’s selling price is updated based on where the item’s cost (the amount the vendor charges you) falls within a set of ranges.

Example: You could use a matrix to calculate a 30% markup for items that cost between $1 and $100 and a 20% markup for items that cost between $100 and $200.

Supported matrix calculations depend on your TireMaster version:

In 9.4.7 and newer, you can calculate a markup, margin, or flat amount on items' next cost, base price, or standard cost.

In 9.4.5 and older, you can calculate a markup or flat amount on items' next cost.

Note: A markup is an amount that’s added to an item’s cost. Matrix price changes are calculated with the items' next cost. If an item doesn’t have a next cost, its last cost is used for the calculation instead.