5 | Account Maintenance "Pricing Policy" Setups

• The Price Number specifies which base Price level to apply to the account before any discounts or points are awarded
• These are the Price Names defined in Names Tab - Venue Maintenance

• No Price Change: Will use the price set in Price Number

• Discount: Will give a Percentage Discount to all items sold to the Account

• Cost Plus: Will sell all products to the Account at Cost Plus the percentage defined in the Pricing
  • It is not recommended to use this setting unless you are certain that the Cost Prices of all your Products are correct

• Zero Price: Will sell all products to the Account at Zero Prices

• Current Item: Will discount the item selected in the transaction only

• Highest Priced Item: Will discount the Product with the highest price
  • The Products can be limited by using the Pricing Sort/Type field
  • The discount Product will then be the highest-priced item from within the Sort/Type defined
  • The discount will be the Percent defined in the Pricing Percent Discount field

• Lowest Priced Item: WIll discount the Product with the lowest price
  • The Products can be limited by using the Pricing Sort/Type field
  • The discounted Product will then be the lowest-priced item from within the Sort/Type defined
  • The discount will be the Percent defined in the Pricing Percent Discount field

Pricing Percent

Discount

• This is the pre-set discount percentage that corresponds to the Pricing Type
• This will be the percent discount the Account receives

• This is used to define which Products will receive a discount for this Account
• Begin by selecting how you would like to filter Products

• After selecting from the Pricing Sort/Type drop-down, a new drop-down selector will appear and will allow you to select from the defined Sort/Type

• If a discount or surcharge is applied on the Account, the difference between the Normal Price and the Discounted Price will add to this Discount Total
• There are sixteen (16) Discount Totaliser Names which can be configured in Venue Maintenance settings
• Discount Totalisers are venue specific, meaning in a Multi-Venue environment these may be different from one venue to another

• Usually, the Pricing set for an Account will only be in effect if it is lower than the Standard Price
• If this flag is enabled, the Account Price will be used even if it is higher than the Standard Price
• Product Promotions will still override the price unless the Exclude Account is set to this account or one of its Parent Groups