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price_code_encode_decode

How The Price Code Works

Overview

Price codes are used to print the landed cost of an item on a label so that the sales person can know the cost of an item when they are negotiating the selling price with a customer.

To access this feature you will need to open the setup wizard, click on Inventory in the left hand window, and then click on Price Code.

How It Works

The Price codes are strictly a numerical substitution based on: 1 2 3 4 5 6 7 8 9 and 0. So to have the system change the price code, you need to ask yourself how complex you want the coding to be. Remember of course that the end result should be simple enough that your sales staff can decode it without too much difficulty, because they may be doing this with the customer standing right there.

As an example.

If you want to change ALL the numbers except for the 0's, you could change 1234567890 to 9876543210

So if your price is $123.45 your price code will become 987. The decimal places are ignored.

To add to this, the first digit will be the last digit of the year 2012, or 2. But because we have said that 2 is 8 the

first digit of the number will start with 8. so the number will be 8987

Next the last 2 digits are the month the label was printed. So if it is September (09) then using our mask the 0 is left alone, and 9 becomes 1 (01)

So our completed price code will be 898701

Created by Steve Wind September 19 2012
price_code_encode_decode.txt · Last modified: 2021/05/11 21:30 (3 years ago) by jbalasabas