Difference between revisions of "Ranges Tab"

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Select how you wish to round the retail price produced by applying the markup scheme.  
Can set separate ranges within the markup scheme so that items with different cost prices can be marked up differently without having to create multiple markup schemes.


<<IMAGE HERE>>
<<IMAGE HERE>>


The rounding will always attempt to go to the nearest x as specified by the scheme.
Creating a range


For example, if you set the round as Nearest £0.05 and the calculated retail price were £17.57 the rounding would make the retail price £17.55 as this is the nearest 5 pence increment.
*Click on the New Range button to activate the text boxes. The bottom of the cost range will automatically fill in based on the last range's end value, i.e. £10.01 if the previous range finished at £10.00.  
*Enter the upper limit in the To £ box
*Enter the Markup Multiplier in the box provided. If, for example, you were wanting to apply a 50% markup you would enter 1.5 as the markup value, 1 and 1/2 times the cost price.  
*Click on the New Range button to add the range to list, this will also move the values on to allow you to enter a subsequent range.
*The line graph at the bottom of the screen will display what the current scheme would do if applied.


You can also set a floor (minumum) and ceiling (maximum) price for the marked up items. In the image above you can see the lines on the graph indicating that no lens, in this case, will be priced at below £20 or above £380.
The line graph at the bottom of the screen will display what the current scheme would do if applied.






[[Markup Schemes|Back]]
[[Markup Schemes|Back]]

Latest revision as of 15:03, 29 May 2012

Can set separate ranges within the markup scheme so that items with different cost prices can be marked up differently without having to create multiple markup schemes.

<<IMAGE HERE>>

Creating a range

  • Click on the New Range button to activate the text boxes. The bottom of the cost range will automatically fill in based on the last range's end value, i.e. £10.01 if the previous range finished at £10.00.
  • Enter the upper limit in the To £ box
  • Enter the Markup Multiplier in the box provided. If, for example, you were wanting to apply a 50% markup you would enter 1.5 as the markup value, 1 and 1/2 times the cost price.
  • Click on the New Range button to add the range to list, this will also move the values on to allow you to enter a subsequent range.
  • The line graph at the bottom of the screen will display what the current scheme would do if applied.

The line graph at the bottom of the screen will display what the current scheme would do if applied.


Back