Once you have defined your customer groups (click here if you haven't), defined the product codes in the Price Matrix Maintenance window (click here if you haven't), and coded the items in Inventory Maintenance (click here if you haven't), the next thing to do is calculate and activate the matrix prices.
How you do that depends on the type of matrix prices you have set up in the Price Matrix window (MPM). If the price matrix type is:
A percentage below retail, this is a – (minus) type matrix price. The prices are immediately calculated by the system after you update the Product Code field for the item. You can view the matrix prices on the Pricing tab in Inventory Maintenance).
A specific price you enter in Inventory Maintenance, this is an * (asterisk) type matrix price. You'll enter the price for each item.
A specific dollar amount added to the cost price, this is a $ (dollar) type matrix price. You must use the Price Change report to calculate and activate the prices.
A percentage above cost, this is a + (plus) type matrix price. You must use the Price Change report to calculate and activate the prices.
Click the Pricing tab. In the Pricing column, click the matrix price that applies to this item. Type the price and press Enter.
Click Change.
Repeat steps 2 through 4 for each item that has a product code with an * (asterisk) type matrix price.
After you've coded and activated all matrix prices, the next thing to do is code the customer accounts. Click here to go to that topic.
Run the Price Change report (RPC) to first calculate the matrix prices and then run the RPC report again to add the prices to the items in Inventory Maintenance.
Display the Price Change report. From the Eagle Browser, click Applications and then click Report Menu. Click Inventory Reports and then click Price Changes (RPC).
In the Print Setup window, fill in your choices and then click Options.
From the Options window, select the following:
From the Options list, click A to add a range of price changes. Do not click F to finalize.
At Update Option, select 4 to update matrix prices.
Click From / To. In this window, enter your selections for this report. Normally, you would leave the From/To range blank so that all matrix prices are updated.
Click PC Option 4. In this window, specify a date effective. If you are updating + (plus) type matrix prices, type Y and select a matrix cost to use.
Click Run. The report processes and calculates the matrix prices. Review the report to verify that the prices are what you expected. You can also review the prices in the Item Price Changes window.
Display the Price Change report. From the Eagle Browser, click Applications and then click Report Menu. Click Inventory Reports and then click Price Changes (RPC).
In the Print Setup window, fill in your choices and then click Options.
From the Options window, select F from the Options list to update inventory prices.
Click From / To. In this window, enter your selections for this report. Use the same From / To range you used in the previous RPC report.
Click Run. The report processes and updates the matrix prices for the items in Inventory Maintenance.
After you've coded and activated all matrix prices, the next thing to do is code the customer accounts. Click here to go to that topic.