The Method field in the indicates the pricing method for the Type (category) you are setting up.
The formulas the system uses for pricing methods that require either a markup or markdown calculation are:
Markup = price + (price * (CPP markup percent / 100))
Markdown = price – (price * (CPP markdown percent / 100))
Pricing for any CPP price plan Type ( SKU , Department, Product Code, etc.) may be set to zero by discounting one of the Mark Down pricing methods by 100% (see the list below for the various Mark Down methods).
If selecting one of the Markup methods, you can enter a percent greater than 100 if desired.
If you select a pricing method involving market cost, and the item’s market cost is blank (only L type records can have a market cost), then the system would behave as if the item was not covered by the CPP plan.
1-5 = Matrix prices 1 to 5
A = Markup from average cost. Method A calculates the price from the average cost regardless of how the Inventory option "Cost Used in Calculations" is set in Options Configuration, regardless of whether or not a manual cost is entered at POS, and regardless of the POS Order Indicator used on orders, estimates, and special orders.
B = Markup a % from replacement cost. This method always calculates the price from the replacement cost, regardless of how the Inventory option "Cost Used in Calculations" is set in Options Configuration, regardless of whether or not a manual cost is entered at POS, and regardless of the POS Order Indicator used on orders, estimates, and special orders.
C = Cost
D = Mark down from retail. (Note: for a price of 0.00, enter 100 when prompted for the Percent)
E = Mark up from price matrix 1
F = Mark up from price matrix 2
G = Gross margin percent. If you select this method, a subsequent dialog box will ask you for the percent you want to use, as well as ask you to select a Price Code, which designates what cost or price field you want to use (replacement cost, list price, retail price, etc.) as the basis for the gross margin percent calculation.
H = Mark up from price matrix 3
I = Mark up from price matrix 4
J = Mark up from price matrix 5
K = Mark down from Replacement Cost. You will enter a markdown percent.
L = List price
M = Mark up from the cost indicated by the Cost Used In Calculations field in Options Configuration (or MIC). The cost used to calculate the price is derived from either a manual cost override (as long as it's input before display), the POS header indicator, or the "Cost Used in Calculations" default from Options Configuration. The system looks for a manual override first. If one was not input, then the system looks for a POS Cost Indicator. If a POS indicator was not input, the system uses the default from the "Cost Used in Calculations" option.
N = Mark down from price matrix 1.
O = Mark down from price matrix 2.
P = Mark down from price matrix 3.
Q = Mark down from price matrix 4.
R = Retail
S = Mark down from price matrix 5.
T = Mark up a dollar amount from average cost. This method works the same as method A (see above) in calculating the price, only it uses a dollar amount rather than a percent.
U = Mark up a dollar amount from replacement cost. This method works the same as type B (see above) in calculating the price, except that it uses a dollar amount rather than a percent.
V = Mark up a dollar amount from MIC cost used in calculations. This method follows the same principal as method M (see above), using either the manually-entered cost, or the POS Price Indicator, or the "Cost Used in Calculations" option in Options Configuration.
W = Mark up from retail
X = Mark down from list. You will enter a markdown percent.
Y = Dollars off retail price
Z = Dollars off list price
a = Markup from market cost. The CPP price is calculated as follows: Market Cost + [Market Cost * CPP percent/100])
g = Gross margin dollars percent. The CPP price is calculated as follows: ((retail – cost) x CPP percent/100) + cost. With this method, you must enter which cost (in the Price Code field), and enter the percentage of the margin dollars (in the Percent field) to use in this calculation.
k = Dollars off replacement cost
n = Dollars off matrix price 1
o = Dollars off matrix price 2
p = Dollars off matrix price 3
q = Dollars off matrix price 4
s = Dollars off matrix price 5
t = "Dollars off from market cost" – the CPP price is calculated as follows: Market Cost – CPP dollars
x = Dollars up from market cost
CPP price = Market Cost + CPP dollars
* = User defined price. If you select this method, you can select any Type in the Type field. A subsequent dialog box will ask you for the price you want to use.