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Product Pricing

Where: Settings › Generic Settings › Data › Product Pricing

Restrict branches to only be able to view their own price​

Set permissions to restrict branches, allowing them to only view their own pricing information for security and privacy.

Choices: Yes / No / Based on user permission

Applies to users signed in to a branch other than the main branch, in the product's price tab:

  • Yes: they only see their own branch's prices.
  • No: they see all branches' prices.
  • Based on user permission: it depends on each user's price-viewing permission.

Users in the main branch always see all prices.

Affects: Product, Inventory Transaction Summary Report

Show pricing abnormality warnings? — Cost is greater than Wholesale or Retail Price.​

Enable pricing abnormality warnings to alert when the cost exceeds the wholesale or retail price, ensuring accurate pricing management.

Choices: Yes / No / Restrict users to proceed saving/update product changes

When a product is saved, CIRMS checks each branch price for a cost higher than the wholesale or retail price:

  • Yes: a warning lists the problem prices; you can still save.
  • No: no check.
  • Restrict users to proceed saving/update product changes: the warning is shown and the product can't be saved until the prices are fixed.

Affects: Product, Customer Product Summary Report

Markup% computation basis​

Choose the basis for the computation of markup percentage, determining whether it's calculated as Fixed Price or Fixed Markup.

Choices: Fixed Price - If cost is changed, markup % will recompute based on the wholesale and retail price. / Fixed Markup - If cost is changed, wholesale and retail price will recompute based on markup %. / Apply also when cost is auto updated during purchase inbound?

What CIRMS recalculates when a product's cost changes:

  • Fixed Price: wholesale and retail prices stay; the markup % is recalculated.
  • Fixed Markup: the markup % stays; wholesale and retail prices are recalculated (and rounded as set below).

With fixed markup, the extra tick box also recalculates the selling prices when a purchase inbound updates the cost (see Auto-update Product's Purchase Price after approving of Transaction).

Affects: Product, Purchase Inbound, Inventory Transaction Summary Report

Select the Branch that will be set as the default branch to Copy Branch Price From​

Choose the branch to be set as the default for copying branch pricing information.

Choices: Choose from a list

For a new product, the branch whose prices the other branches copy by default. Choose none to leave every branch with its own price. Users can still change it per branch.

Affects: Product

Select the Location that will be set as the default location to Copy Min and Max From​

Choose the location to be used as the default for copying product's minimum and maximum inventory values.

Choices: Choose from a list

For a new product, the location whose minimum and maximum the other locations copy by default. Choose none to set each location separately.

Affects: Product

Display main branch cost in other branches? — Express Product Input​

Choose option if allow or restrict the display of the main branch cost in other branches during Express Product Input.

Choices: Yes / No

  • Yes: in Express Product Input, users in other branches also see, and can sort by, the main branch's cost.
  • No: the main branch cost column is hidden outside the main branch.

Affects: Product

Set default type for auto rounding computation.​

Choose the default type for automatic rounding calculations

Choices: Choose from a list

How selling prices computed from a markup are rounded: None, Round off, Round up or Round down, to a multiple of the base amount set below. For example with a base of 25 cents and round up, 12.10 becomes 12.25.

Affects: Product

Set base amount for rounding computation. (cents)​

Choose the base for rounding amounts (cents) in computations.

Choices: Number

The base (in cents) used by the rounding above, for example 5, 10, 25 or 100.

Affects: Product, Inventory Transaction Summary Report

Auto Compute Product Grouping Price​

Enable automatic computation of prices for product grouping types.

Choices: Enabled / Disabled

For grouped products (a product made of components):

  • Enabled: when you change a component's quantity, CIRMS asks whether to recalculate the group's price from its components.
  • Disabled: the group's price is only changed by hand.

Affects: Product

Make Branch Price to be Editable (This will ignore 'Copy From' & 'Editable' restriction)​

Enable the option to make branch prices editable, bypassing the 'Copy From' and 'Editable' restrictions.

Choices: Yes / No

  • Yes: users with the price permissions can edit any branch's price, even if that branch copies its price from another branch or isn't marked editable.
  • No: each branch price's copy-from and editable settings are respected.

Affects: Product

Set other branches product price "Copy From" value to NONE​

Set the 'Copy From' value in other branches' product price fields to None.

Choices: Yes / No

For products created by Excel import or Express Product Input:

  • Yes: the other branches don't copy their price from anywhere, so each branch keeps its own price.
  • No: the other branches copy their price from the main branch (or the branch you are in).

Affects: Product

Set branches' price if editable by themselves or not. — Upon saving/import new product, it will automatically enable all product's branch price rows "EDITABLE" field to allow branches to modify the corresponding branch prices​

Upon saving a new product, Enable product field "Editable" to allow modification of the product prices through sub branch.

Choices: Yes / No

For new products (saved, imported or from Express Product Input):

  • Yes: every branch price row is marked editable, so branches can change their own price.
  • No: branches can't change their price.

Affects: Product

Apply product price in all branches upon saving product input?​

Upon saving a new product, apply the corresponding product prices in all branches

Choices: Yes / No

When a new product is saved (Express Product Input or Excel import):

  • Yes: the prices you enter are saved for every branch.
  • No: they are saved only for the branch you are in.

Affects: Product

Apply product MIN and MAX in all branch's locations upon saving product input?​

Upon saving a new product, apply the corresponding product MIN and MAX value in all branches

Choices: Yes / No

When a new product is saved (Express Product Input or Excel import):

  • Yes: the minimum and maximum you enter are set for every location of every branch.
  • No: they are set only for one location of your branch; the other locations get 0.

Affects: Product

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