Open topic with navigation

Price Configuration

Understanding how prices are used, set up and configured in the system is very important for those who are responsible for the data in the Site Manager.

All retail items have a base price on their retail item card but this price may not necessarily be the item’s sales price in the LS POS. The system has other configurations for the sales price and there are rules that decide which price is used as the item’s sales price on the POS. It is important to understand how item price is set up and configured, and how the rules that decide which sales price is set for the item work in the LS POS.

Examples of different requirements for item sales prices:

• One store in the setup needs to sell items at a different price to the other stores; this price can be either higher or lower than the base sales price.
• Some customers have agreements for special prices for individual items.
• A store can be in a different currency to the company’s, so there is a need to have sales prices for items in different currencies.
• Stores may want to sell items for certain periods on special promotional prices. The period can be few days, one fixed day of the week or a fixed time of day, such as a promotional Happy Hour.

The LS One system can handle all of these requirements and many more.

Item price setup has many possibilities for configuration in the system. There are even more possibilities for the configuration of discounts. This section is about the possibilities for prices in the system.

Prices can be set as:

• The base sales price for the item;
• The trade agreement’s sales price;
• The promotion price.

See also:

• Sales Price With or Without Tax
• Activate Price Calculations
• Base Sales Price
• Trade Agreements: Sales Price
• Promotions
• LS One: Best Price - Sales Price View