Introduction
Welcome to the Empress guide on the Pricing Rule feature. As a business user, pricing rules are at the heart of your sales and purchasing processes, allowing you to set up discounts, price adjustments and special offers based on various conditions.
This guide will provide a step-by-step guide on how to use this feature to streamline your business operations and maximize revenue.
What is the Pricing Rule Feature?
The Pricing Rule feature in Empress is a dynamic tool that enables you to create and manage pricing rules for your products. You can define rules based on various factors such as item code, item group, brand, and transaction.
This feature is designed with flexibility in mind, allowing you to set rules for specific customers, territories, or even campaigns. Additionally, it provides options for quantity-based discounts, period settings, and advanced settings like priority and conditions.
How to Use the Pricing Rule Feature
Here are the steps to create and manage pricing rules in Empress:
-
Access the Pricing Rule Feature: Navigate to the “Accounts” module and select “Pricing Rule”. This will open the Pricing Rule window.
-
Create a New Pricing Rule: Click on the “New” button to create a new pricing rule. You will be prompted to enter details such as the rule title, applicability, and conditions.
-
Define Applicability: In the “Apply On” dropdown, select the basis of the rule application. This could be the item code, item group, brand, or transaction.
-
Set Conditions: Depending on your selection in the previous step, you can define the items, item groups, or brands the rule applies to.
-
Specify Party Information: Next, specify whether the rule applies to selling or buying. Then, select who the rule is applicable for: customer, customer group, territory, sales partner, campaign, supplier, or supplier group.
-
Quantity and Amount: Define the minimum and maximum quantity (Min Qty and Max Qty) and/or amount (Min Amt and Max Amt) for the rule to apply.
-
Period Settings: Set the validity period for the rule using the “Valid From” and “Valid Upto” fields.
-
Advanced Settings: In this section, you can set the priority of the rule, conditions for application, and whether multiple pricing rules can be applied.
-
Save the Rule: Once all details are filled in, click “Save” to store the rule.
User Roles and Permissions
The Pricing Rule feature can be accessed by users with the following roles: Accounts Manager, Sales Manager, Purchase Manager, Website Manager, and System Manager. These users have permissions to create, read, write, and delete pricing rules, ensuring smooth operation and management.
Conclusion
The Pricing Rule feature in Empress is a powerful tool for businesses, offering the flexibility and control needed to optimize pricing strategies. By understanding and effectively utilizing this feature, you can streamline your sales and purchasing processes, cater to specific market segments, and ultimately drive business growth.
For additional support, please refer to the Empress user guide or reach out to our customer service team.