PRODUCT SELLING PRICE CHANGE IN POS REPORT
Product Selling Price Change in POS refers to the process of updating the selling prices of products within a Point of Sale (POS) system. This change can occur for various reasons, such as adjustments in market demand, changes in supplier costs, promotional pricing, or seasonal discounts.
User Access
Who Can Access
- Pothys admin
- Head cashier
- Sales Manager
- manager
What User Can Do
- View Reports
- Analyze Sales
- Export
Pre-Requisite Activities
- Date range
- Cashier
Business Rules
- The Product Selling Price Change in POS must be authorized by designated personnel, include an effective date, and document the reason for the adjustment to ensure compliance and transparency.
- All changes should be logged in the system, capturing details such as the old and new prices, the date of change, and the user who made the adjustment.
- The system must validate new prices to prevent errors, and notifications should be sent to relevant staff to keep them informed.
User Interface
Step 1 : Select ‘Product Selling Price Change in POS’ in Menu -> Sales reports > Cashier report > Product Selling Price Change in POS or Search Product Selling Price Change in POS in Lookup.
Step 2 : Select the date range to open the Product Selling Price Change in POS.
Step 3 : To view a preview of the Product Selling Price Change in POS in jaldi.
Invoice No : This connection allows businesses to track which invoices reflect the new prices, facilitating accurate auditing and reconciliation of sales records.
Product Code : The product code serves as a unique identifier, reducing the risk of errors that may arise from similar product names or descriptions.
Product Name : This information allows staff to quickly identify the specific items being affected by price changes, which is essential for effective communication and customer service.
MRP : This information allows businesses to compare the new selling price against the MRP, helping to assess the impact of discounts or pricing strategies.
Net Cost : The net cost reflects the actual expense incurred by the business for each product, allowing for a clear comparison with the selling price.
Old Selling Price : This information allows businesses to track the history of pricing changes, helping staff and management understand the rationale behind current pricing strategies. By comparing the old selling price with the new price, stakeholders can assess the extent of the change and its potential impact on sales and customer behavior.
New Selling Price : This information is essential for accurate transactions, as it informs staff and customers of the current price they will pay at checkout. Displaying the new selling price also facilitates effective communication regarding pricing strategies and promotional activities, allowing businesses to evaluate the potential impact on sales and customer purchasing behavior.
Price Change Value : Showing the price change value in the Product Selling Price Change in POS is important for providing transparency and clarity regarding the adjustments made to product prices.
Product Price Change percentage : Showing the price change percentage in the Product Selling Price Change in POS is important for providing a quick and clear understanding of the extent of the price adjustment relative to the old price.
Bill Discount : Showing the bill discount in the Product Selling Price Change in POS is important for providing a comprehensive view of the total pricing structure for customers.
Promo Discount : Including promo discounts enables businesses to assess the effectiveness of their marketing strategies and evaluate how these promotions impact sales volume and customer behavior.
POS : Showing the POS (Point of Sale) in the Product Selling Price Change in POS is important for identifying the specific location or system where the price change is being applied.
Cashier : Showing the cashier in the Product Selling Price Change in POS is important for accountability and traceability. By identifying the cashier responsible for processing the price change, businesses can ensure that all adjustments are properly monitored and documented.