Available in Sage 50 Premium Accounting and higher.
Set Up a Calculated Default Price Level
You can set default price calculations for each sales price level. (Sage 50 Premium Accounting and higher) Setting default price level calculations does not affect existing inventory items, only new items that you add. These calculations can be overridden at the inventory item level, if desired.
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- Select the Price
Levels tab.
- Select the price level that you want to set up a calculation for, and click the Edit button (to the far right).
- Calculate the new price using the options in the drop-down menus:
- Use: Select a price level value on which to base the calculation. Select from Price Level One, last cost, current price, or no calculation.
- And: Select the type of mathematical formula you want the calculation to perform. Select from increase or decrease by amount (enter the specific amount in the next field), or increase or decrease by percent (enter the specific percent in the next field).
- Round New Price to: Select a custom rounding operation for this calculation. Select from no rounding, round to specific cent (enter the cent value in the next field), or round to next whole dollar.
- Select OK to accept the new calculation, or Cancel to reset the calculation to the beginning value.
- If you are finished with your changes, select OK on the Inventory Item Defaults window. Select Edit button to change other price levels.
The Default Price Level Calculation window appears.
What do you want to do next?
- Set up an inventory item
- Set up master stock and substock items
- Set up an assembly item
- Learn about creative uses for inventory items
- Determine the current quantity of inventory items on hand
- Delete an inventory item
- Enter inventory beginning balances
- Set up and use custom fields
- Change an item ID
- Change item sales prices
- Perform other inventory tasks
- Read the inventory item defaults overview