Product Price Adjustment

The price adjustment function allows you to adjust the sales price of the equipment (Product) at the equipment level or at the individual attribute level. The sales price cannot be changed after the quotation has been approved (status 30 or greater).

Price adjustments are made in 'Quotation. Adjust Price' (QUS102), this function can be accessed from the Equipment Quotation Detail function by highlighting the product and using the open related option 'Adjust Price'.

In the header of the function, you can select to either work with the currency of the quotation line or the local currency (i.e. the currency that is connected to the division on the facility associated with the quotation). If you switch between the two currencies all values will be recalculated.

Other values that can be seen or changed include:

  • Discount - this comes from the discount model connected to the quotation header;

  • Target margin - this comes from 'Target Margin' (QUS160);

  • Cost - this is normally not changeable, a sum of the cost of all options. The cost can be changeable though, if the user has the field 'Display cost margin' in 'Settings - Quotation Permissions' (QUS155) set to '2 - Cost price will be displayed and editable'.

  • Original sales price - this is not changeable, a sum of all configuration line sales prices;

  • Original Profit - this is calculated as the difference between total sales price and total cost;

  • Original margin - this is a percentage calculated as original profit/original sales price. If original sales price is zero then the margin will also be zero;

  • Adjusted sales price - this can be changed. It is a sum of the sales prices of the configuration lines before promotions are considered;

  • Adjusted profit - this is editable and saved in the database. The default is calculated as the difference between total adjusted sales price and total cost;

  • Adjusted Margin - this is a percentage calculated as modified profit / modified sales price;

  • Promotion sales price - this is not changeable, a sum of all configuration line sales prices minus discounts given for promotion;

  • Promotion Profit - this is calculated as the difference between promotion sales price and the cost after promotion. Note, the promotion can be claimable and have impact on the cost. The cost after promotion is not visible in this function but is visible in the F-panel of the quotation line (QUS101);

  • Promotion margin - this is a percentage calculated as promotion profit / promotion sales price.

The list contains a lock function. If this switch is on the 'other fields on', the line are not interchangeable. This line is not recalculated after all the lines are recalculated.

Note: It is important to understand the hierarchy of the change fields. If for example both sales price and margin are changed, the program will just care about the sales price and recalculate a new margin accordingly.

The hierarchy is stated as:

  1. Adjusted sales price

  2. Adjusted profit

  3. Adjusted margin

When you click enter or apply in the header, the function distributes the adjusted values proportionally among the lines that have not been locked. Reset replaces the adjusted values with the original values. Locked lines will also be replaced by the original values.