Accolent ERP provides various utilities that allow for maintenance and updating of Costs and Prices. These utilities are accessed from Price/Cost > Adjust Costs and Price > Change Costs / Price Options. There are three options available: (1) Change Costs and/or Price by a Specified Percentage; (2) Change Prices by a Factor of Costs; and (3) Change one Cost using another Cost. There are a series of wiki articles explaining each of these options. This wiki explains how to change the Costs and/or Price of a population of products by a specified percentage.

Price/Cost Utilities

Select Products

  • Use the filters to create a population of products for which the Costs and/or Prices need to be changed.
  • In this example, select products from Vendor Air Filters R Us.

  • Look up List Price, Standard Cost and Alternate Cost for Warehouse 1 for each item
Product Code Description List Price Std Cost Alt Cost
AF-ECO Air Filter, Economy Grade $10.00 $5.80 $5.00
AR-EHD Air Filter, Extra Heavy Duty Grade $27.00 $20.00 $18.00
AF-HDU Air Filter, Heavy Duty Grade $24.00 $17.50 $16.00
AF-STD Air Filter, Standard Grade $16.00 $10.00 $10.00

Change Costs and/or Prices by a Specified Percentage

  • Go to Price/Cost > Change Cost / Price Options > Change by a Specified Percentage.
  • Select Vendor 107-Air Filters R Us.
  • Select Warehouse 1.
  • Enter Percentage.
  • Then select what to change; choices are:
    • Change Cost Only,
    • Change Price Only, or
    • Change Cost & Price by Same Percentage.
  • Then select which Cost to change.
  • E.g., Vendor=107; Warehouse=1; Percentage=10.00%; Choice=Change Cost & Price by Same Percentage; Cost=Standard Cost

  • Click on Process button.
  • Message indicating success updating 4 records.

Verify Updated Records

  • Go to Product AF-ECO.
  • List Price = $10.00 x 110% = $11.00.

  • Updated on Pricing UOM tab.

  • Standard Cost for Warehouse 1 correctly updated to $5.80 x 110% = $6.38.
  • Standard Cost for Warehouse 2 and unchanged at $5.50.

  • Similarly, Costs and Prices were updated correctly by 10.00% for AF-EHD, AF-HDU and AF-STD.
  • New prices and costs for Warehouse 1 are:
Product Code Description List Price Std Cost Alt Cost
AF-ECO Air Filter, Economy Grade $11.00 $6.38 $5.00
AR-EHD Air Filter, Extra Heavy Duty Grade $29.70 $22.00 $18.00
AF-HDU Air Filter, Heavy Duty Grade $26.40 $19.25 $16.00
AF-STD Air Filter, Standard Grade $17.60 $11.00 $10.00

 

 

 

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