Making Price Changes to a Group of Items

When you need to update selling prices, costs, or A–E price levels for a group of items, you can make the changes with the Pricing Wizard.

To make price changes to a group of items

1. From the Inventory menu, select Pricing Wizard. The Pricing Wizard screen appears.

2. Make sure Price Change is selected.

3. From the Source Field drop-down for the first operation, select the field that the changes will be based on:

Last Cost
Next Cost
Base Price
Parts Price
Labor Price
Standard Cost
Price Level (Also select a price level from the additional drop-down that appears, and define whether to base the update on the parts or labor price for that level.)

4. From the Field to Update drop-down, select the field that will be updated:

Sale Parts
Sale Labor
Parts Price
Labor Price
Base Price
Last Cost
Standard Cost
Price Level (Also select a price level from the additional drop-down that appears, and define whether to update the parts or labor price for that level.)

5. Define whether the change will be a percentage or a fixed dollar amount:

For a percentage, select Percentage Change and type the percentage (with no decimals).
For a fixed dollar amount, select $ Amount Change and type the amount.

Note: For increases, use positive numbers. For decreases, use negative numbers (such as -2).

6. To end the prices of all updated items with the same amount after the decimal, select the Ending in Cents check box. Then type the cents amount as a whole number.

Example: By typing 99, the prices of all updated items would end in 99 cents ($5.99, $34.99, and $199.99).

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

Warning: Look up only the items you want to update. Retrieving a set of items that’s too broad can result in unwanted changes.

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 changes to the update criteria and look up different items if needed. Then print the report again.

9. To implement the update, click Apply. A confirmation message appears.

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

11. Click OK.

You can view the new prices on the Inventory List or by printing an Inventory Master List.