Category: Cost & Price Updating

• Markup Calculations

  Calculate selling prices using straight markup (adding a fixed percentage to cost) or gross profit markup (achieving a specific profit margin). Straight markup simply adds...

• Extended Pricing Profile (EPP) and Customer Pricing

  Extended Price Profiles (EPP) automate customer-specific contract pricing with bulk CSV updates or manual adjustments. Ensure accurate pricing consistency across accounts while streamlining large inventory...

• Table Price Update Utility (HITS)

  Configure dynamic inventory pricing using customizable price tables based on cost ranges and markup factors. Set up multiple price levels with specific markup rules, assign...

• Inventory Cost/Price Export and Import

  Update inventory prices and costs in bulk using HITS CSV export/import utilities. Export specific items by manufacturer or department, edit in spreadsheet format, then import...

• Target Percentage Price Change Utility (HITS)

  Update pricing factors and selling prices across multiple price levels using the Target Percentage/Price Change utility. Apply custom factors, set rounding rules, and preview changes...

• FET In HITS

  Federal Excise Tax (FET) on larger tires requires special handling in HITS inventory management. FET automatically factors into average and last costs but not dealer-based...

• Inventory Pricing Hierarchy Rules (How HITS Decides the Final Price)

  HITS determines inventory pricing through a hierarchical system checking price codes 0-4, customer factors, EPP templates, then special pricing. Static price codes update via manual...