Update List Price Using Selling Price Table

** This utility is under development and is not yet available. **

This option resets the list price for the rental products, using the Selling Price table setup in Rental Product Classes .

The Selling Price table multiplies a cost factor based on the age in months of the product, times the average cost, to calculate the List Price. The age is determined by today's date less the acquisition date from the fixed asset tag. This formula applies only to non-bulk rental items.

Note: If the selling List for a non-bulk asset is also calculated using the percent of revenue formula as setup in Groups, it is the Base price that is updated by the Selling Price table factor, before the selling List is recalculated by percent of revenue.

The prompts are:

ALL CLASSES

Press <ENTER> or Y (YES) to include all Product Classes.

Type N (NO) to select a Product Class range.

FROM CLASS

Enter a starting Product Class or press <F4> to select one from the window.

TO CLASS

Enter an ending Product Class or press <F4> to select one from the window.

ALL PRODUCTS

Press <ENTER> or Y (YES) to include all products.

Type N (NO) to select a product number range.

FROM PRODUCT#

Enter a starting product number or press <F4> to select one from the window.

TO PRODUCT#

Enter an ending product number or press <F4> to select one from the window.

ENTER TO 'Y' ACCEPT, / TO CANCEL

Type Y (YES) to proceed with the update or / to abort the process.

Any changes made to the List Price or Base List Price are tracked.
An audit report on history of Re-Order Price changes can be generated from Product Value Override Report.
Price changes are also included in the more general Override Report.