Recalculating Prices for a Group of Items

Once the factors have been updated for a group of items, you can use the Pricing Wizard to recalculate the parts prices for the items in that group.

To recalculate factor-based prices for a group of items

1. If you haven’t already done so, define the operator, factor, or both for the items. For more information, see Pricing Items with Factor-Based Calculations or Assigning a Factor to a Group of Items.

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

3. Make sure Price Change is selected.

4. Select the Item factor check box for the operation being used to recalculate prices.

5. If you want to end the prices for 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).

6. Click Inventory. The Custom Inventory Lookup screen appears.

7. Look up the items whose factor-based prices you want to recalculate. 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.

9. To change the prices, 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 updated prices on the Inventory List or by printing an Inventory Master List.