Use the Category Price Groups sub-tab of the Business Units tab to set a profit target for item categories when they are sold to certain groups. For example, your organisation can choose to sell items in the category "textbooks" to students for a low profit.
Opening the Category Price Groups sub-tab
To open the Category Price Groups sub-tab:
- Select Module > System > Finance Configuration Maintenance from the main menu.
The General tab of the Synergetic Financial Configuration window is displayed.
- Click the Business Units tab.
The Business Units tab of the Synergetic Financial Configuration window is displayed.
Tip: You can also open the Business Units tab by selecting System > Business Unit Maintenance from the main menu.
- Click the Category Price Groups sub-tab.
The Category Price Groups sub-tab of the Synergetic Financial Configuration window is displayed.
Synergetic Financial Configuration - Business Units - Category Price Groups sub-tab key fields
Grid area fields
Field |
Description |
|---|---|
Item Category |
Category of items that the profit target applies to. |
Price Group No. |
Number for the price group. |
Price Group Short Desc |
Code for the price group. |
Internal Sale? |
Select if the profit targets apply to internal sales only. |
Profit/Pricing Method |
Select either Markup or Gross Margin in the Profit/Pricing area below. |
% Profit Target Min |
The minimum profit that the business unit aims to make from the items for the category and price group. |
% Profit Target Max |
The maximum profit that the business unit aims to make from the items for the category and price group. |
Fields
Field |
Description |
|---|---|
Profit/Pricing Method |
Select:
|
Target Profit Min % |
Enter the minimum profit that the business unit aims to make from the items for the category and price group. |
Target Profit Max % |
Enter the maximum profit that the business unit aims to make from the items for the category and price group. |