Pricing and Costing
Understanding and Managing Special Price Lists
Overview Special Price Lists in iVendNext enable businesses to offer tailored pricing to specific customers, groups, or items, ensuring flexibility and competitiveness in the market. This guide explains how to create, manage, and apply Special Price ...
Landed Cost Vouchers: Managing Additional Costs
Overview This article will explain what Landed Cost Vouchers are, how to create and use them, and their impact on stock valuation and profitability. What do you mean by the term “Landed Cost”? Landed Cost is the total cost incurred to bring a product ...
Item Valuation Methods: FIFO vs. Moving Average
Overview iVendNext offers two primary methods for item valuation: FIFO (First-In, First-Out) and Moving Average. This article will explain the differences between FIFO and Moving Average, how they impact stock valuation, and how to choose the right ...
Item Valuation Setup and Transactions
Overview This article will guide you through the process of setting up item valuation, the types of transactions that impact valuation, and how to manage them effectively. Note: Valuation Method can be set globally for all the items from the Stock ...
Customizing Discounts and Special Pricing
Overview This article will guide you through the concept of Pricing Rules, how to create and manage them, and practical examples of their application. What are Pricing Rules? Pricing Rules are predefined rules that automatically apply discounts or ...
Creating and Managing Item Prices
Overview This article will guide you through the process of creating and managing Item Prices, linking them to Price Lists, and applying them to specific customers, suppliers, or batches. What are Item Prices? Item Prices in iVendNext are records ...
Understanding Price Lists
Overview This article will guide you through the concept of Price Lists, how to create and manage them, and how to link them to items and customers in iVendNext. What is a Price List? A Price List is a collection of item prices, either for selling, ...