Price adjustments
A custom catalog does not copy prices. For each product it stores one adjustment to the product's Base Price, and works out a Final Price from it. "The price from the Default Catalog before any adjustments."
Who uses it
- Supplier staff with full access to catalogs.
How it works
On the Price Adjustment step, each row shows the product, its Base Price, a Discount/Markup and the Final Price. "Enter a fixed amount, percentage, or set a final price to change the price of products in this custom catalog. Only one field will apply per item."
| Adjustment | Entered as | Final Price |
|---|---|---|
| Markup, amount | Amount ($) | Base + amount |
| Markup, percentage | Percentage (%) | Base × (1 + percentage ÷ 100) |
| Discount, amount | Amount ($) | Base − amount |
| Discount, percentage | Percentage (%) | Base × (1 − percentage ÷ 100) |
| Fixed price | Fixed Price ($) | Exactly the amount |
Bulk Edit. Tick the products, then Bulk Markup or Bulk Discount to apply one adjustment to all of them. Only one option applies at a time.
Calculations
Base price $10.00:
| Adjustment | Final Price |
|---|---|
| Markup of $1.50 | $11.50 |
| Markup of 12.5% | $11.25 |
| Discount of $2.00 | $8.00 |
| Discount of 15% | $8.50 |
| Fixed price $9.25 | $9.25 |
| Discount of $12.00 | $0.00 |
- The final price is rounded to two decimals, half-up. Base $3.33 with a 10% markup is $3.663, so $3.66. See Money & rounding.
- A result below zero becomes $0.00, never negative.
- An amount or percentage must be above 0. A percentage discount cannot exceed 100. A fixed price may be 0 for a free item.
Clamping at $0.00 stops a base price that fell below a flat discount from putting a negative price on an invoice.
When the base price changes
The final price follows. A catalog with a 20% markup on a $10.00 product ($12.00) becomes $2.40 when the product's price drops to $2.00. Fixed prices do not move.
If a change would take any catalog price to $0.00, the product form asks first. See Add & edit a product.
Where it shows up
The catalog wizard and page, the restaurant's product list, New order, and invoice lines.
Permissions
Catalogs: full access.
FAQ
Why is my 10% discount $0.01 off what I expected? Prices round to the cent. $4.55 less 10% is $4.095, which becomes $4.10.
Can I give one customer a lower price than the catalog? Put them in their own catalog, or change the line's price on the order. See Order detail.