Sale Price Master

Sale Price Master - User Guide

1. Introduction 💰

The Sale Price Master is where you define the selling prices for your products. It allows for a highly granular pricing strategy by linking prices to specific Customers, Items, and Brands.

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Key Objectives:

  1. Customer-Specific Pricing: Set different rates for different clients.
  2. Currency Flexibility: Manage international pricing in the customer’s preferred currency.
  3. Safety Compliance: Ensure prices never drop below the company’s mandated “Floor” or exceed the statutory “MRP”.

2. Getting Started with Sale Price Master 🚀

Accessing the Module

To access the Sale Price Master module, navigate to the Common Masters > Sale Price Master section from the main menu.

The Index Page

Upon opening, the Index Page displays all customer-specific price lists. Here, you can:

  • Filter & Find: Search for records by Item Name, Customer/Vendor, or Brand.
  • Review Prices: Instantly see current Sale Prices and Currency across your product line.
  • Bulk Tools: Use Create New, Export to Excel, or Create Multiple for high-volume price updates.

Price Master Index Page

Price / Cost Details

Clicking on a record opens the Details view, providing a comprehensive data summary:

  • Identification: Displays the record number, item name, and customer link.
  • Commercials: Manage the specific Sale Price, MRP, and Load Factor.
  • Audit Transparency: See the creation and last updated dates to track contract validity.
  • Custom Variant Notes: A dedicated section to document any non-standard item details.

Price Master Details Screen


3. Structural Identity đŸ› ī¸

A single price record is identified by a unique combination of four factors:

  1. Customer: The Party receiving the price.
  2. Item: The specific product or service.
  3. Brand: The brand association for the item.
  4. Currency: The currency in which the price is quoted.

4. Critical Business Rules & Guards đŸ›Ąī¸

A. Floor Price Guard (Optional)

If the system parameter SalePriceNotBelowFloorPrice is active:

  • The system scans the Ceiling & Floor Price Master.
  • Any Sale Price entered must be equal to or higher than the mandated Floor Price.

B. MRP Guard

  • The system validates that the Sale Price never exceeds the Maximum Retail Price (MRP).
  • The MRP must be a number between 0 and 999,999.9999.

C. Currency & Load Factor

  • INR Pricing: For records in Indian Rupees (INR), the Load Factor must be exactly 1.0000.
  • Foreign Currency: For other currencies, the load factor represents the exchange or multiplier complexity (Range: 1.0000 to 999.9999).

5. Bulk Management 📂

  • Import Multiple: Use the Excel import tool to upload bulk price lists.
  • Export to Excel: Auditing feature to review current price lists across the organization.

6. Lifecycle & Data Integrity 🔒

đŸšĢ Deletion Preventions

To maintain data consistency between sales and procurement:

  • Dual-Role Check: You cannot delete a Sale Price record if it also contains a Cost Price (Purchase Cost). If the record serves both purposes, the Cost must be cleared or the entire record handled with caution.
  • Audit Trail: Every creation and modification is logged in the system’s MFG Log for transparency.

7. Pro Tips 💡

  • Notes for Non-Standard Items: Use the “Notes” field to document specific characteristics if you are pricing a custom or variant item.
  • Regular Audits: Use the “Export to Excel” feature before fiscal year changes to ensure all customer contracts are up to date.