How do I Change Prices in Platinum?

Summary

This article explains how to change retail prices on Stock Control items from inside Platinum, and is written on the assumption that the price stored in Platinum is exclusive of V.A.T.

More Information

You may amend individual items through " Add or Edit Stock Items" or amend a range of items using " Price & Cost Changes". Both methods are described below.

Individual Items

To change retail prices on a few items, use "Add or Edit Stock Items" to do this.

Go to " Stock Control Add or Edit Stock Items".

• Search for the item that you want to change.
• Click [Edit].
• Move to "Retail price:" and type the new price. If your prices are exclusive of V.A.T., type the nett price that you want to charge. You can type the price inclusive of V.A.T. and then press <F2> to deduct the V.A.T.

Ranges of Items

To change a large number of items, use " Price & Cost Changes" to do this.

It is sensible to save your old prices into a separate price code. This will allow you to put the prices back if there are any problems.

Go to " Stock Control Maintenance Options Price & Cost Changes"

To save your existing prices

At [Apply changes to] click into the "Sales Prices" box.

• Alongside this you will see "Price Range".
• Click into here and type 'OLD'.
  • If you see "Price Range not found", press <Shift+F10>.
  • Enter a description of 'Old Prices'.
  • Click [Done] and [Accept].

At [Base changes on] click into the "Sales Prices" box.

• Alongside this you will see "Price Range". Select 'Standard Selling Price' from the drop down menu.
• Check the "Changed Pre" date field is blank else click into it and press <Ctrl+F2> to clear the date.

At [Stock range] enter any ranges to define the items for which you would like to save prices else leave all fields blank to save prices for all your stock.

At [Options] make sure the "Change%", "Target" and "Value change" fields are set to 0.

• Set "Rounding" to 'No'.
• Set "Create" to 'Yes' and "Delete zero prices" to 'No'.
• Set "Show details for" to 'All'.

• Click [Start]. The screen will display your stock codes. The price to save will be listed under the "New" column. The current Standard Selling Price will be displayed in the "Notes" column. Take a quick look to make sure the prices in both columns match.
• Click [Update] and [Yes] to confirm.

Increasing your prices

Once you have saved your current prices:

At [Apply changes to] select 'Standard Selling Price' from the "Price Range" drop down menu.

At [Base changes on] the "Price Range" should be left as 'Standard Selling Price'.

• Check the "Changed Pre" date field is blank else click into it and press <Ctrl+F2> to clear the date.

At [Stock range] enter any ranges to define the items to which to apply the price increase else leave all fields blank. This method will increase your standard retail price for all stock items.

At [Options]:

• Select the "Price change" method.
  • To increase by a percentage choose 'Increase' and enter the percentage in the "Change%" field.
  • To increase by a fixed amount choose 'Actual' and enter the amount in the "Value change" field.
• Choose whether you wish to use "Rounding" selecting 'Yes/No'.
• Set "Show details for" to 'Changes'.
• Set "Create" to 'No'.

• Click [Start]. The screen will display your stock codes.

The new Selling Price will be listed under the "New" column. The current Standard Selling Price will be displayed in the "Notes" column. Take a quick look to make sure the prices are as you wish them to be.

• • You may make individual adjustments under the "New" column.
  • Press <F10> on an item to remove it from the list.

• Click [Update] and [Yes] to confirm.

Consider what you are doing here very carefully before you do it. The changes that you make are implemented immediately.

Decreasing your prices

We recommend saving your prices before decreasing - see section above

Once you have saved your current prices:

At [Apply changes to] select 'Standard Selling Price' from the "Price Range" drop down menu.

At [Base changes on] the "Price Range" should be left as 'Standard Selling Price'.

• Check the "Changed Pre" date field is blank else click into it and press <Ctrl+F2> to clear the date.

At [Stock range] enter any ranges to define the items to which to apply the price decrease else leave all fields blank. This method will decrease your standard retail price for all stock items.

At [Options]:

• Select the "Price change" method.
  • To decrease by a percentage choose 'Decrease' and enter the percentage in the "Change%" field.
  • To decrease by a fixed amount choose 'Actual' and enter the amount in the "Value change" field. Remember to enter the value as a negative value.
• Choose whether you wish to use "Rounding" selecting 'Yes/No'.
• Set "Show details for" to 'Changes'.
• Set "Create" to 'No'.

• Click [Start]. The screen will display your stock codes.

The new Selling Price will be listed under the "New" column. The current Standard Selling Price will be displayed in the "Notes" column. Take a quick look to make sure the prices are as you wish them to be.

• • You may make individual adjustments under the "New" column.
  • Press <F10> on an item to remove it from the list.

• Click [Update] and [Yes] to confirm.

Consider what you are doing here very carefully before you do it. The changes that you make are implemented immediately.

See also

• Creating a Stock Item
• How do I Create or Change Labour Rates?

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Keywords AND Misspellings

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