Price Codes
Combine Formula and Code Pricing
Use this feature if you need to price an item by: Cost x Markup + Set Price PLUS a Code Table. Available only for pricing items in the groups: Matboard, Fabric, Mounting, and Glass.
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Allows you to price an item by Cost x Markup + Set Price PLUS a Code Table.
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When applied to an item, the message at the top of the screen reads:
“This item is being priced by: a combined formula and code table” -
Available for pricing in Matboard, Fabric, Mounting, and Glass.
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The checkbox is also found on the Pricing Options and Defaults screen.
See: Pricing Options and Defaults for Moulding
How to Combine Formula and Code Pricing
Combine Formula and Code Pricing Checkbox
Before moving forward, make sure you have entered:
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The wholesale Cost of item (blue field)
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Your Markup, e.g. 3.5
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The Set Price (optional)
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The Code Table, e.g. "GL05"
Warning: When the checkbox is removed, FrameReady defaults to Price by Code Table only (because a Code Table was provided). If instead you wish to price by Set Price and Markup, then you must clear the Code field.
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Open the blue Pricing tab. Check the Combine Formula and Code Pricing checkbox.
Examples of how this Pricing Method can be Used
Fabric
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Use the Markup and Set Price to price the fabric
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Use the Code Table to cover the price of the substrate.
Matboard
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Use Markup and Set Price to create your prices
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Use the Code Table to influence a straight line or bell curve in the pricing line.
