Price Codes Overview

Article sections

    Introduction

    In business and retail, a Price Code is an essential method of categorizing pricing based on various factors such as discounts, promotions, and specific customer segments.

    BizGaze’s “Price Codes App” helps companies to track and manage different pricing strategies for their products or services, such as promotional pricing, discounts, or pricing tiers.

    Stage Workflow

    Active The Price Code is currently in use and valid
    Inactive The Price Code is temporarily not in use or awaiting further approval
    Deleted The Price Code has been permanently removed or discontinued.

    Portlets & Widgets

    In the layout view, a Portlet accurately represents each functionality, and its corresponding data is precisely viewed as a Widget. The following section includes the default portlets and widgets of the Price Codes App.

    Details

    This section contains Price Code details like Price Code name, Line of Business segment, Tax Settings and Price Setting details

    Field name Description
    Code Displays whether the Price Code belongs to Sales or Purchase
    Name The price code rule name will be displayed. The price Code name is the descriptive label or title given to a particular price code. Identifying code pricing categories can help businesses and employees understand pricing rules.
    LoB LoB name will be reflected like to which Line of Business segment the price code belongs
    Tax Setting Displays the Tax setting whether the Tax is inclusive or exclusive. Tax setting refers to arranging tax-related elements within a company’s financial systems to ensure accurate calculation and application of taxes.
    Price Setting Price setting involves the process of determining the specific prices for products or services.

    If the price setting is based on Mark-Up / Mark-Down item price, the system displays percentage and fixed value that was provided while creation process.  Percentage: The system shows percentage of Price setting for the price code

    Value : The fixed value price setting of the price code is displayed

    Description Comments or short notes about the Price Code are displayed

    Activity Log provide users with essential information, notifications, and real-time updates to keep them engaged and informed about key activities in apps related to updates, notifications, and stage changes.

    Field name Description
    Comments User can write short notes or comments about the Price Code
    Audit
    Created Date Date when the Price Code is created
    Created By Name of the person who created the Price Code
    Last updated date Last stage changed of the Price Code
    Last Updated By Name of the person who last updated the stage
    Status Displays the current status of the Price Code
    Time-Line This widget tracks all the activities within the app.

    Reports

    A report is a document that presents information in an organized format for a specific audience and purpose. Although summaries of reports may be delivered orally, complete reports are almost always in the form of written documents.

    1. Price Codes reports.
    in Price Codes
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