In this scenario we have a product that has a price co-efficient attached to it, now we want to update the price.
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Adding a Price Co-efficient to a single Inventory Item
If you are just updating 1 inventory item you can easily do this from the inventory page.
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Press the “+Add Price button
Enter in the date you want to price change to occur, remember if you choose a date in the past orders with this product may be affected
Enter the amounts in the relevant fields, you can have have values in multiple area’s if needed
Save
Multiple Items to be updated
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Put the new date that the pricing is effective from. Note if you back date this any orders/sales in the system will have the new price applied.
Put and A in the operation column.
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Price History
You can see in the picture below that by adding a price we do not affect the previous prices in the picture below you can see that between 25/02 to 17/03 the price was $2
18/03 - 19/03 = $3
20/03 - 23/06 = $4
24/06 - Present = $5
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If I edit one of these lines it will change all the orders in that period of time
In the example below I changed the date of the line highlighted
From this
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To this
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Any orders placed between 01/01 and 24/02 will now be charged $4
and any orders placed between 20/03-24/03 (previously charged $4) will now be charged $3
Example 2
On the 18th Mar I added a $5 sell each to the Standard Chain
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A few months later I edited the price to $10 but didnt change the date
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All of the orders in the system that have not been accepted will now charge an extra $5