The above is a simplified explanation of Basis Pricing. It does not include details like a formula can have multiple effective dates, a formula can have multiple markups, a formula can have a formula as an ingredient, basis pricing for ingredients are also based on effective dates and grouped by a price basis code. These addition configurations allow Basis Pricing to incorporate the business rules for our clients.

Pre-Requisites

Items Masters
Formulas
Customers

Setup Steps

Price Basis Codes
Price Basis Costs
Formula Price Calculations
Formula Price Input
Template Manager

Price Basis Codes

Master > Pricing > Price Basis Codes

Price Basis codes allow the client to setup multiple prices for the same ingredient item.

There are two Types: Inventory and Standard

Inventory type gets cost from the ingredient items current available inventory. The software calculates a weighted average price for the ingredient item.

Standard allows the client enter a standard cos

Each Price Basis Code has it's own list of valid items.

Price Basis items can be both ingredient and formula items

If the Price Basis item is a formula item a Formula Markup can be specified.

Price Basis Costs
Master > Pricing > Price Basis Costs
Create New Price Basis Costs (new effective date)
Click Add button Choose Price Basis Code Select Effective Date Click Okay
This screen is used to either enter Costs for each item or calculate costs from available inventory. Before you can calculate the inventory cost you must select the division to use.
Click the Divisions tab Select the desired Division(s) Click the Calculate button You will be prompted that items configured as Inventory costs will be replaced Click the OK button Costs will be calculated using the current inventory values
Click the Items Tab to see the calculated Cost for each item The client can now use these prices as is or manually adjust a price. If a price is changed the Fixed checkbox will be set by the software. Click Save button
Click the Report button to see a proof report of the Price Basis Costs Note: I change the price for item 0000173 from .99 to 1.00
View or Modify Existing Price Basis Costs
Click ellipsis button to the right of the Basis to view the Price Basis Cost search form. Choose Basis code and click Retrieve button. Select the Price Basis Costs for the desired Effective Date. Click Ok to Proceed
You now have several options View the costs Add division on Division tab Re-Calculate the costs as of this moments available inventory Manually change a calculated cost Print the proof Report Delete the costs for this effective date One addition option is Copy
Click the Copy button Choose the Price Basis code Select a new Effective Date The current Price Basis Costs will be copied to the selected Price Basis Code and Effective Date.

Formula Price Calculations
Work Orders > Utilities > Formula Price Calculation

...

Page Comparison

Versions Compared

Old Version 6

New Version 7

Key

Pre-Requisites

Setup Steps

Price Basis Codes

Master > Pricing > Price Basis Codes

Price Basis codes allow the client to setup multiple prices for the same ingredient item.

There are two Types: Inventory and Standard

Inventory type gets cost from the ingredient items current available inventory. The software calculates a weighted average price for the ingredient item.

Standard allows the client enter a standard cos

Each Price Basis Code has it's own list of valid items.

Price Basis items can be both ingredient and formula items

If the Price Basis item is a formula item a Formula Markup can be specified.

Price Basis Costs

Master > Pricing > Price Basis Costs

Create New Price Basis Costs (new effective date)

Click Add button

Choose Price Basis Code

Select Effective Date

Click Okay

This screen is used to either enter Costs for each item or calculate costs from available inventory.

Before you can calculate the inventory cost you must select the division to use.

Click the Divisions tab

Select the desired Division(s)

Click the Calculate button

You will be prompted that items configured as Inventory costs will be replaced

Click the OK button

Costs will be calculated using the current inventory values

Click the Items Tab to see the calculated Cost for each item

The client can now use these prices as is or manually adjust a price.

If a price is changed the Fixed checkbox will be set by the software.

Click Save button

Click the Report button to see a proof report of the Price Basis Costs

View or Modify Existing Price Basis Costs

Click ellipsis button to the right of the Basis to view the Price Basis Cost search form.

Choose Basis code and click Retrieve button.

Select the Price Basis Costs for the desired Effective Date.

Click Ok to Proceed

You now have several options

View the costs

Add division on Division tab

Re-Calculate the costs as of this moments available inventory

Manually change a calculated cost

Print the proof Report

Delete the costs for this effective date

One addition option is Copy

Click the Copy button

Choose the Price Basis code

Select a new Effective Date

The current Price Basis Costs will be copied to the selected Price Basis Code and Effective Date.

Formula Price Calculations