Default Inventory Pricing

Configuration menu > Parts > Default Inventory Pricing

• These are parts that have an inventory record in the Inventory module of R.O. Writer.
• The parts can be designated as Stock, Non-Stock, or Consigned. As long as there is a part record in the Inventory module, the pricing method selected here applies.

Inventory Pricing options include:

• Cost Plus Multiplier (CPM)
• Matrix by Supplier
• Matrix by Department
• Smart Matrix by Supplier
• Smart Matrix by Department

Cost Plus Multiplier (CPM)

If the Use Cost Plus Multiplier (CPM) pricing method is selected in the Parts in Inventory section of the Set Pricing Method Configuration setting, the Default Parts Prices window opens when you click Configuration menu > Parts > Default Inventory Pricing.

There is only one CPM for all of R.O. Writer. The Default Parts Price window - no matter where you open it from - always displays the default values in the global CPM. You can access the default, global CPM by clicking Configuration menu > Parts > Price Levels > Default Pricing.

If you make changes here for parts in inventory, those changes are saved to the one, global CPM and applied wherever CPM is used as the pricing method.

For full details about how to enter values on the Default Parts Pricing window, click the following link: Default Pricing.

Matrix by Supplier for Parts in Local Inventory

If the Matrix Pricing by Supplier pricing method is selected in the Parts in Inventory section of the Set Pricing Method Configuration setting, the Parts Price Matrix Wizard window opens when you click Configuration menu > Parts > Default Outside Purchase Pricing.

Step 1 - Name the New Matrix for Matrix Pricing by Supplier

To create a new matrix, click the New button and enter a name in the Matrix Name field.

Use a descriptive enough name so you can identify the correct matrix easily when editing.

For example, “CARQUEST Inventory”.

TIP: You may want to click the Save Changes button to save the new name to the Matrix Name dropdown list.

Step 2 - Set the Price Ranges for Matrix Pricing by Supplier

Click the Price Ranges tab to set the cost ranges. Enter the dollar values in each box to set the cost ranges. The cost ranges are the pricing levels for the margins you set on the Margins tab.

When all the ranges have been entered, click the Next button to move to the next tab in the process or just click the tab you want to complete next.

The cost ranges are the pricing levels for margins you set on the Margins tab.

Step 3 - Select the Suppliers for Matrix Pricing by Supplier

On the Excluded Suppliers tab, use the arrow buttons to select the suppliers for the pricing matrix.

• Suppliers in the Included list are assigned to this matrix.
• Suppliers in the Excluded list are removed from this matrix.

NOTE: You can create a matrix for one supplier. This is useful if that supplier has their own pricing matrix.

Step 4 - Run the Sales History for Supplier Sales (Recommended)

If you have been using R.O. Writer for a while or you have sales history information in your database, historical sales information should be available. You can run a sales history analysis on the Sales History tab to see what the margins have been in the recent past. This will help you set the new pricing matrix margins on the Margins tab in the next step.

The Sales History tab is always blank when you first open it. The data appears only after the analysis has been run.

Complete these steps:

1. By default, R.O. Writer selects the last 12 rolling months as the date range. You can select your own beginning and end date.
2. Click the Run Analysis button and R.O. Writer runs an analysis of your actual purchases for the date range.
3. The progress bar shows the progress of the analysis while it is running.
4. The results appear in the table when the analysis is complete.

The analysis is based on the

• Cost ranges entered on the Price Ranges tab.
• Suppliers selected on the Excluded Suppliers tab.

Click the Cancel button to clear the analysis on the Sales History tab. You can change the dates and click the Run Analysis button again.

NOTE: If historical data is not available, you can skip running the analysis and go right to the next step.

Step 5 - Set the Margins for Matrix Pricing by Supplier

On the Margins tab, you set the margins for the cost ranges entered on the Price Ranges tab.

The following table describes the pricing rows.

Value	Description
Cost Range	The Cost Range set on the Price Ranges tab appear as columns on the Margins tab.
% of Total	This row displays the values from the Sales History if it was run. The percent of total parts sales for each price range appears. If the Sales History was not run, this area says “No Calc”.
CPM, Margin, and Markup	There are three categories for each cost range: CPM, Margin, and Markup. When you change one of these categories, R.O. Writer calculates the other two values. For instance, if you type in the CPM number, the Margin and Markup values change to match that number. As a result, You can better see the relationship between profit margin and markup. You can enter the margin or markup and have R.O. Writer calculate the CPM.
Min Price	This is the minimum price for parts in this cost range. If the calculated price is less than the minimum price, then that price is used.
Aggregate Profit Margin	This number is a result of the Sales Analysis run in the previous step. Pay careful attention to this percentage because it provides powerful information regarding total parts sales profitability.

Step 6 - Enter the Global Settings for All Matrices

The global settings appear below the table.

Global Parts Rounding Options

The Global Parts Rounding option selected applies to all matrices.

• No Rounding - Does not round the values up or down.
• Round Up To - Select the number you wish to round prices up to.

Minimum Profit Margin

The minimum margin is the percentage of profit that no sale should fall below. A minimum margin must be set for Smart Matrix Pricing methods.

The minimum margin is a percentage even though a percent symbol (%) does not appear in the box or the field label.

To set the minimum profit margin, type the percentage into the box.

As a starting guideline, set the minimum about 1.5 to 2.0 percentage points lower than the aggregate profit margin. To see the aggregate profit margin percentage, run an analysis on the Sales Analysis tab.

NOTE: The minimum profit margin is a global setting and applies to all matrices.

R.O. Writer calculates the margin

• For each part posted to a ticket.
  • The Margin entry in the Pricing Section of the Editing Parts window displays the margin percentage.
  • If the margin for the part falls below the minimum, you are prompted to change the price on the part.
• For each ticket overall. If the price for the entire ticket falls below the minimum margin:
  • A red down arrow appears in the Information Section of the Parts/Labor Tab of the ticket.
  • You are prompted to change the price.

Default CPM for Manual Price Calc

In the Default CPM for Manual Price Calc field, enter the multiplier used when the Price Calc button is clicked in the Pricing Section of the Editing Part Window.

To Save the Values on the Margins Tab

To save the margin values, you can do one of the following:

• Click Save Changes in the upper right corner to save the changes and remain on the Margins tab.
• Click Save in the lower right corner to save the entire matrix and close the window.

NOTE: Click Cancel to cancel your changes and also to close the entire window.

Step 7 - Save the Matrix for Matrix Pricing by Supplier

Click the Save Changes button in upper right corner.

All changes are saved and the matrix remains on the Parts Price Matrix Wizard.

You can click the Save Changes button

• From any tab on the Parts Price Matrix Wizard to save changes.
• At any time to save the changes you just made.

NOTE: You can also save the matrix by clicking the Save button on the Margins tab. However, this saves the matrix and closes the Parts Price Matrix Wizard.

Step 8 - Update Local Inventory Records (Optional)

There are three options for parts in inventory at the bottom of both matrix and smart matrix windows:

• Save & Update Inventory Pricing
• Disable Smart Pricing for Inventory Parts Under This Matrix
• Enable Smart Pricing for Inventory Parts Under This Matrix

You can use these options to update your inventory records with the matrix settings.

Matrix by Department for Parts in Local Inventory

If the Matrix Pricing by Department pricing method is selected in the Parts in Inventory section of the Set Pricing Method Configuration setting, the Parts Price Matrix Wizard window opens when you click Configuration menu > Parts > Default Inventory Pricing.

Step 1 - Name the New Matrix for Matrix Pricing by Department

To create a new matrix, click the New button and enter a name in the Matrix Name field.

Use a descriptive enough name so you can identify the correct matrix easily when editing.

For example, “Oil Parts Inventory”.

TIP: You may want to click the Save Changes button to save the new name to the Matrix Name dropdown list.

Step 2 - Set the Cost Ranges for Matrix Pricing by Department

Click the Price Ranges tab to set the cost ranges. Enter the dollar values in each box to set the cost ranges. The cost ranges are the pricing levels for the margins you set on the Margins tab.

When all the ranges have been entered, click the Next button to move to the next tab in the process or just click the tab you want to complete next.

The cost ranges are the pricing levels for margins you set on the Margins tab.

Step 3 - Select the Departments for Matrix Pricing by Department

On the Departments tab, use the arrow buttons to select the parts departments for the pricing matrix.

If certain parts departments have different pricing, decide what those departments are and create separate matrices for those departments.

You can create an entire matrix for one department.

Step 4 - Run a Sales Analysis for Matrix Pricing by Department (Recommended)

If you have been using R.O. Writer for a while or you have sales history information in your database, historical sales information should be available. You can run a sales history analysis on the Sales History tab to see what the margins have been in the recent past. This will help you set the new pricing matrix margins on the Margins tab in the next step.

The Sales History tab is always blank when you first open it. The data appears only after the analysis has been run.

Complete these steps:

1. By default, R.O. Writer selects the last 12 rolling months as the date range. You can select your own beginning and end date.
2. Click the Run Analysis button and R.O. Writer runs an analysis of your actual purchases for the date range.
3. The progress bar shows the progress of the analysis while it is running.
4. The results appear in the table when the analysis is complete.

The analysis is based on the

• Cost ranges entered on the Price Ranges tab.
• Departments selected on the Departments tab.

Click the Cancel button to clear the analysis on the Sales History tab. You can change the dates and click the Run Analysis button again.

NOTE: If historical data is not available, you can skip running the analysis and go right to the next step.

Step 5 - Set the Margins for Matrix Pricing by Department

On the Margins tab, you set the margins for the cost ranges entered on the Price Ranges tab.

The following table describes the pricing rows.

Value	Description
Cost Range	The Cost Range set on the Price Ranges tab appear as columns on the Margins tab.
% of Total	This row displays the values from the Sales History if it was run. The percent of total parts sales for each price range appears. If the Sales History was not run, this area says “No Calc”.
CPM, Margin, and Markup	There are three categories for each cost range: CPM, Margin, and Markup. When you change one of these categories, R.O. Writer calculates the other two values. For instance, if you type in the CPM number, the Margin and Markup values change to match that number. As a result, You can better see the relationship between profit margin and markup. You can enter the margin or markup and have R.O. Writer calculate the CPM.
Min Price	This is the minimum price for parts in this cost range. If the calculated price is less than the minimum price, then that price is used.
Aggregate Profit Margin	This number is a result of the Sales Analysis run in the previous step. Pay careful attention to this percentage because it provides powerful information regarding total parts sales profitability.

Step 6 - Enter the Global Settings for All Matrices

The global settings appear below the table.

Global Parts Rounding Options

The Global Parts Rounding option selected applies to all matrices.

• No Rounding - Does not round the values up or down.
• Round Up To - Select the number you wish to round prices up to.

Minimum Profit Margin

The minimum margin is the percentage of profit that no sale should fall below. A minimum margin must be set for Smart Matrix Pricing methods.

The minimum margin is a percentage even though a percent symbol (%) does not appear in the box or the field label.

To set the minimum profit margin, type the percentage into the box.

As a starting guideline, set the minimum about 1.5 to 2.0 percentage points lower than the aggregate profit margin. To see the aggregate profit margin percentage, run an analysis on the Sales Analysis tab.

NOTE: The minimum profit margin is a global setting and applies to all matrices.

R.O. Writer calculates the margin

• For each part posted to a ticket.
  • The Margin entry in the Pricing Section of the Editing Parts window displays the margin percentage.
  • If the margin for the part falls below the minimum, you are prompted to change the price on the part.
• For each ticket overall. If the price for the entire ticket falls below the minimum margin:
  • A red down arrow appears in the Information Section of the Parts/Labor Tab of the ticket.
  • You are prompted to change the price.

Default CPM for Manual Price Calc

In the Default CPM for Manual Price Calc field, enter the multiplier used when the Price Calc button is clicked in the Pricing Section of the Editing Part Window.

To Save the Values on the Margins Tab

To save the margin values, you can do one of the following:

• Click Save Changes in the upper right corner to save the changes and remain on the Margins tab.
• Click Save in the lower right corner to save the entire matrix and close the window.

NOTE: Click Cancel to cancel your changes and also to close the entire window.

Step 7 - Save the Matrix for Matrix Pricing by Department

Click the Save Changes button in upper right corner.

All changes are saved and the matrix remains on the Parts Price Matrix Wizard.

You can click the Save Changes button

• From any tab on the Parts Price Matrix Wizard to save changes.
• At any time to save the changes you just made.

NOTE: You can also save the matrix by clicking the Save button on the Margins tab. However, this saves the matrix and closes the Parts Price Matrix Wizard.

Step 8 - Update Local Inventory Records (Optional)

There are three options for parts in inventory at the bottom of both matrix and smart matrix windows:

• Save & Update Inventory Pricing
• Disable Smart Pricing for Inventory Parts Under This Matrix
• Enable Smart Pricing for Inventory Parts Under This Matrix

You can use these options to update your inventory records with the matrix settings.

Smart Matrix by Supplier for Parts in Local Inventory

If the Smart Matrix Pricing by Supplier pricing method is selected in the Parts in Inventory section of the Set Pricing Method Configuration setting, the Parts Price Matrix Wizard window opens when you click Configuration menu > Parts > Default Inventory Pricing.

Step 1 - Name the New Matrix for Smart Matrix Pricing by Supplier

To create a new matrix, click the New button and enter a name in the Matrix Name field.

Use a descriptive enough name so you can identify the correct matrix easily when editing.

For example, “Oil Supplier Inventory”.

TIP: You may want to click the Save Changes button to save the new name to the Matrix Name dropdown list.

Step 2 - Establish the Pricing Matrix for Smart Matrix Pricing by Supplier

The pricing matrix is established on the Settings tab. There are a few sub-steps.

Step 2a - Set the Cost Points on the Settings Tab

The cost points are the cost levels you will set the margins for in the next step. There are six cost points available to set.

Enter the dollar values in each box to set that cost point.

In Smart Matrix Pricing, the levels are infinite. It is a gradual stair step where halfway is 50%. This is usually a progression downwards, but it doesn't have to be.

There are three categories for each cost range: CPM, Margin, and Markup. You only need to enter one of these values.

CPM - The CPM is the cost plus multiplier for this cost point.
• Margin - The Margin is the percentage of profit required for this cost point.
• Markup - The Markup is the percentage of markup calculated for this cost point.

When you change one of these categories, R.O. Writer calculates the other two values. For instance, if you type in the CPM number, the Margin and Markup values change to match that number.

As a result,

• You can better see the relationship between profit margin and markup.
• You can enter the margin or markup and have R.O. Writer calculate the CPM.

In addition, when you enter a CPM, Margin, or Markup value, a preview of the linear progression appears in the CPM chart at the top of the window. The moving image below shows a sample of

Step 2c - Set the Minimum Price for Each Cost Point

Set a minimum price for each cost point. If the calculated price is less than the minimum price, then that price is used.

Step 3 - Enter the Global Settings for All Matrices

The global settings for all matrices appear below the Settings table.

Global Parts Rounding Options

The Global Parts Rounding option selected applies to all matrices.

• No Rounding - Does not round the values up or down.
• Round Up To - Select the number you wish to round prices up to.

Minimum Profit Margin

The minimum margin is the percentage of profit that no sale should fall below. A minimum margin must be set for Smart Matrix Pricing methods.

The minimum margin is a percentage even though a percent symbol (%) does not appear in the box or the field label.

To set the minimum profit margin, type the percentage into the box.

As a starting guideline, set the minimum about 1.5 to 2.0 percentage points lower than the aggregate profit margin. To see the aggregate profit margin percentage, run an analysis on the Sales Analysis tab.

NOTE: The minimum profit margin is a global setting and applies to all matrices.

R.O. Writer calculates the margin

• For each part posted to a ticket.
  • The Margin entry in the Pricing Section of the Editing Parts window displays the margin percentage.
  • If the margin for the part falls below the minimum, you are prompted to change the price on the part.
• For each ticket overall. If the price for the entire ticket falls below the minimum margin:
  • A red down arrow appears in the Information Section of the Parts/Labor Tab of the ticket.
  • You are prompted to change the price.

Default CPM for Manual Price Calc

In the Default CPM for Manual Price Calc field, enter the multiplier used when the Price Calc button is clicked in the Pricing Section of the Editing Part Window.

Step 4 - Calculate the Price from a Sample Cost (Recommended)

After the matrix is set and saved, you can check to see if your settings for the matrix are what you want.

Type in the cost of a part into the Sample Cost box. Then, click the Calculate button to see what the price would be for that cost using the currently saved matrix.

A popup window appears showing you the Sell For price (with and without rounding) and exactly how that price was calculated.

Step 5 - Run a Sales Analysis for Smart Matrix Pricing by Supplier (Recommended)

If you have been using R.O. Writer for a while or you have sales history information in your database, historical sales information should be available. You can run a sales history analysis on the Sales History tab to see what the margins have been in the recent past. This will help you set the new pricing matrix margins on the Margins tab in the next step.

The Sales History tab is always blank when you first open it. The data appears only after the analysis has been run.

Complete these steps:

1. By default, R.O. Writer selects the last 12 rolling months as the date range. You can select your own beginning and end date.
2. Click the Run Analysis button and R.O. Writer runs an analysis of your actual purchases for the date range.
3. The progress bar shows the progress of the analysis while it is running.
4. The results appear in the table when the analysis is complete.

The Cost Ranges in the table are the Cost Points entered on the Settings tab.

Pay attention to the Aggregate Profit Margin; it provides powerful information about the profitability to total parts sales.

NOTE: If historical data is not available, you can skip running the analysis and go right to the next step.

Step 6 - Select the Suppliers for Smart Matrix Pricing by Supplier

On the Suppliers tab, use the arrow buttons to select the suppliers for the pricing matrix.

NOTE: You can create a matrix for one supplier. This is useful if that supplier has their own pricing matrix.

Step 7 - Save the Smart Matrix for Smart Matrix Pricing by Supplier

Click the Save Changes button in the upper right corner of the Smart Matrix Pricing Wizard window at any time to save the matrix. The settings are saved and the matrix remains on the window.

Step 8 - Update Local Inventory Records (Optional)

There are three options for parts in inventory at the bottom of both matrix and smart matrix windows:

• Save & Update Inventory Pricing
• Disable Smart Pricing for Inventory Parts Under This Matrix
• Enable Smart Pricing for Inventory Parts Under This Matrix

You can use these options to update your inventory records with the matrix settings.

Smart Matrix by Department for Parts in Local Inventory

If the Smart Matrix by Department pricing method is selected in the Parts in Inventory section of the Set Pricing Method Configuration setting, the Parts Price Matrix Wizard window opens when you click Configuration menu > Parts > Default Inventory Pricing.

Step 1 - Name the New Matrix for Smart Matrix Pricing by Department

To create a new matrix, click the New button and enter a name in the Matrix Name field.

Use a descriptive enough name so you can identify the correct matrix easily when editing.

For example, “Oil Department Local”.

TIP: You may want to click the Save Changes button to save the new name to the Matrix Name dropdown list.

Step 2 - Establish the Pricing Matrix for Smart Matrix Pricing by Department

The pricing matrix is established on the Settings tab. There are a few sub-steps.

Step 2a - Set the Cost Points

The cost points are the cost levels you will set the margins for in the next step. There are six cost points available to set.

Enter the dollar values in each box to set that cost point.

In Smart Matrix Pricing, the levels are infinite. It is a gradual stair step where halfway is 50%. This is usually a progression downwards, but it doesn't have to be.

Step 2b - Set the Margins for Each Cost Point

There are three categories for each cost range: CPM, Margin, and Markup. You only need to enter one of these values.

CPM - The CPM is the cost plus multiplier for this cost point.
• Margin - The Margin is the percentage of profit required for this cost point.
• Markup - The Markup is the percentage of markup calculated for this cost point.

When you change one of these categories, R.O. Writer calculates the other two values. For instance, if you type in the CPM number, the Margin and Markup values change to match that number.

As a result,

• You can better see the relationship between profit margin and markup.
• You can enter the margin or markup and have R.O. Writer calculate the CPM.

In addition, when you enter a CPM, Margin, or Markup value, a preview of the linear progression appears in the CPM chart at the top of the window. The moving image below shows a sample of

Step 2b - Set the Minimum Price for the Cost Point

Set a minimum price for each cost point. If the calculated price is less than the minimum price, then that price is used.

As part of the Smart Matrix pricing, there is a minimum price that can be set for each cost range. If the calculated price is less than the minimum price, then that price is used.

Step 3 - Enter the Global Settings for All Matrices

The global settings for all matrices appear below the Settings table.

Global Parts Rounding Options

The Global Parts Rounding option selected applies to all matrices.

• No Rounding - Does not round the values up or down.
• Round Up To - Select the number you wish to round prices up to.

Minimum Profit Margin

The minimum margin is the percentage of profit that no sale should fall below. A minimum margin must be set for Smart Matrix Pricing methods.

The minimum margin is a percentage even though a percent symbol (%) does not appear in the box or the field label.

To set the minimum profit margin, type the percentage into the box.

As a starting guideline, set the minimum about 1.5 to 2.0 percentage points lower than the aggregate profit margin. To see the aggregate profit margin percentage, run an analysis on the Sales Analysis tab.

NOTE: The minimum profit margin is a global setting and applies to all matrices.

R.O. Writer calculates the margin

• For each part posted to a ticket.
  • The Margin entry in the Pricing Section of the Editing Parts window displays the margin percentage.
  • If the margin for the part falls below the minimum, you are prompted to change the price on the part.
• For each ticket overall. If the price for the entire ticket falls below the minimum margin:
  • A red down arrow appears in the Information Section of the Parts/Labor Tab of the ticket.
  • You are prompted to change the price.

Default CPM for Manual Price Calc

In the Default CPM for Manual Price Calc field, enter the multiplier used when the Price Calc button is clicked in the Pricing Section of the Editing Part Window.

Step 4 - Calculate the Price from a Sample Cost (Recommended)

After the matrix is set and saved, you can check to see if your settings for the matrix are what you want.

Type in the cost of a part into the Sample Cost box. Then, click the Calculate button to see what the price would be for that cost using the currently saved matrix.

A popup window appears showing you the Sell For price (with and without rounding) and exactly how that price was calculated.

Step 5 - Run a Sales Analysis for Smart Matrix Pricing by Department (Recommended)

If you have been using R.O. Writer for a while or you have sales history information in your database, historical sales information should be available. You can run a sales history analysis on the Sales History tab to see what the margins have been in the recent past. This will help you set the new pricing matrix margins on the Margins tab in the next step.

The Sales History tab is always blank when you first open it. The data appears only after the analysis has been run.

Complete these steps:

1. By default, R.O. Writer selects the last 12 rolling months as the date range. You can select your own beginning and end date.
2. Click the Run Analysis button and R.O. Writer runs an analysis of your actual purchases for the date range.
3. The progress bar shows the progress of the analysis while it is running.
4. The results appear in the table when the analysis is complete.

The Cost Ranges in the table are the Cost Points entered on the Settings tab.

Pay attention to the Aggregate Profit Margin; it provides powerful information about the profitability to total parts sales.

NOTE: If historical data is not available, you can skip running the analysis and go right to the next step.

Step 6 - Select the Departments for Smart Matrix Pricing by Department

On the Departments tab, use the arrow buttons to select the parts departments for the pricing matrix.

If certain parts departments have different pricing, decide what those departments are and create separate matrices for those departments.

You can create an entire matrix for one department.

Step 7 - Save the Smart Matrix for Smart Matrix Pricing by Department

Click the Save Changes button in the upper right corner of the Smart Matrix Pricing Wizard window at any time to save the matrix. The settings are saved and the matrix remains on the window.

Step 8 - Update Local Inventory Records (Optional)

There are three options for parts in inventory at the bottom of both matrix and smart matrix windows:

• Save & Update Inventory Pricing
• Disable Smart Pricing for Inventory Parts Under This Matrix
• Enable Smart Pricing for Inventory Parts Under This Matrix

You can use these options to update your inventory records with the matrix settings.

Inventory Options at the Bottom of All Matrix and Smart Matrix Windows

There are three options for parts in inventory at the bottom of both matrix and smart matrix windows:

• Save & Update Inventory Pricing
• Disable Smart Pricing for Inventory Parts Under This Matrix
• Enable Smart Pricing for Inventory Parts Under This Matrix

Save & Update Inventory Pricing

The Save & Update Inventory Pricing button updates the retail price in every inventory record of parts included in the matrix.

The retail price of the part changes only if the settings in the matrix would cause the current retail to change. The retail price may remain the same if the settings in the matrix have no impact.

Any changes to the retail price apply regardless of the inventory type of the part: Stock, Non-Stock, and Consigned.

Parts that have the No Smart Pricing box checked in their inventory record will not be updated when you click the Save & Update Inventory Pricing button.

When the No Smart Pricing box is checked, the price can only be updated using the Calc Prices button or manually entering a price. When this box is checked, the Smart Pricing option is grayed out.

When the Calc Prices button is selected, the prices are calculated using either the default CPM matrix or if a department is selected, the department CPM matrix.

Disable Smart Pricing for Inventory Parts Under This Matrix

The Disable Smart Pricing for Inventory Parts Under This Matrix button allows you to disable smart pricing globally for all inventory records within this matrix.

When you click this button:

• The settings in the inventory record are overwritten.

• The No Smart Pricing box is checked on all part records in the matrix.

  

  • The No Smart Pricing is checked if it was not checked.
  • The No Smart Pricing remains checked if it was checked already.

Smart Pricing is disabled on all part records regardless of the inventory type selected for the part. Stock, Non-Stock, and Consigned parts all have smart pricing disabled.

The next time you open the part record in the Inventory module, Smart Pricing will be disabled. However, you can click the Other Information tab and check the Smart Pricing option for that one record.

Enable Smart Pricing for Inventory Parts Under This Matrix

The Enable Smart Pricing for Inventory Parts Under This Matrix button allows you to enable smart pricing globally for all inventory records within this matrix.

When you click this button:

• The settings in the inventory record are overwritten.

• The No Smart Pricing box is unchecked on all part records in the matrix.

  

  • The No Smart Pricing box is unchecked if it was checked.
  • The No Smart Pricing box remains unchecked if it was unchecked already.

Smart Pricing is enabled on all part records regardless of the inventory type selected for the part. Stock, Non-Stock, and Consigned parts all have smart pricing disabled.

The next time you open the part record in the Inventory module, Smart Pricing will be disabled. However, you can click the Other Information tab and check the Smart Pricing option for that one record.