Assigning a Factor to a Group of Items

If you want to assign the same factor to a group of items, you can reduce the amount of time this task requires by using the Pricing Wizard.

Note: If you need to change both the factor and operator for a group of items, use Inventory List Editing instead. Only the factor can be updated with the Pricing Wizard.

To assign a factor to a group of items

1. From the Inventory menu, select Pricing Wizard.

2. Make sure Price Change is selected.

3. Leave the Source Field field alone for the operation being used to update factors.

4. From the Field to Update drop-down, select Factor. The Value field appears and replaces the price change fields.

5. Type the factor you want to assign. For example, to assign a 30% margin, type 70.

6. If you want to recalculate the selling price now, select the Item Factor check box for the next operation. Otherwise, disregard this step. For more information, see Recalculating Prices for a Group of Items.

7. Click Inventory, and look up the item or items to which you want to assign the factor. For more information, see Looking Up Inventory Items.

8. Review the pending changes.

a. Click Print for Review. The Report Window opens and displays the Pricing Wizard Report.

b. Verify that the changes you want will be made.

c. Print the report if needed, and close the Report Window.

d. Make adjustments to the update criteria and the selected items if needed, and print the report again.

9. Click Apply. A confirmation message appears.

10. Click Yes. A second message verifies the update has been completed.

11. Click OK.

To view the factor for a single item, look at the Factor field on the Site Prices and Quantity screen. For multiple items, select List Editing from the Inventory menu, and look up the same items you just updated. The factor is listed in the lower-right half of the Inventory List Editing screen. If you can’t see it, scroll to the right.