Folders, Item Tab, Retail - Explained

Retail

This panel lists basic pricing for the selected item. Two (2) prices are displayed: List (suggested list) and Store.

•Suggested List

Suggested List is a reference price, not a price level, and is never directly used as the price a customer receives. Price levels, as well as other factors, determine the price a customer receives. Price levels may be based on the suggested list; however, this is not required.

•Store Retail

Store Retail is the first (1st) price level (top-most). If the store retail level is calculated (based upon a discount, margin, or markup, for example), the calculation abbreviation and amount/percentage are displayed in parentheses next to the "Store:" label.

For more detailed information about pricing, click here.

The "Update On" date lists the last time pricing was modified for the selected item (this date only updates for permanent price changes, not temporary changes made during transactions, sale pricing, etc.).