Price Change - Copy Lines
For every price change, you need to create a new price list. This approach allows you to preserve the history of all previous prices and price lists, ensuring complete audit trail and price history.
Price List Validity​
Each price list has its own active period. When activating a new price list, in addition to filling out the General tab, you can use the Copy Lines action to populate the lines efficiently.
Important Note on Validity Dates​
The validity dates of price lists at the same location must not overlap.
Example:
- End date of previous price list: 31.05.2024
- Start date of new price list: 01.06.2024
Creating a New Price List​
Initial Status​
While creating a new price list, its status is always set to Draft.
Copy Lines Function​
Accessing Copy Lines​
The Copy Lines function opens a new window where you select the source price list.
Process​
- Select the price list from which lines will be copied
- Items and prices are transferred to the lines of the new price list
- This expedites the process of entering new prices
Benefits​
- Time Saving: Quickly populate a new price list with existing items
- Price Adjustment: Since prices are also copied, you can modify them as needed
- Data Consistency: Ensures all items from the previous list are included
Modifying Prices​
After copying the lines:
- Review the copied prices
- Update prices as needed for the new period
- Ensure all changes are complete before activation
Activating the Price List​
Status Change​
After copying and modifying prices, change the status of the price list to Active.
Required Action​
Every activation of a price list requires a Price Inventory Adjustment.
Price Change Notifications​
Active Price List Modifications​
If you change a price in an active price list, you will receive a notification at the top of the price list indicating that changes have been made.
Best Practice​
Instead of modifying active price lists:
- Create a new price list
- Copy lines from the active list
- Make your changes
- Activate the new price list
This approach maintains better price history and audit trail.
Workflow Summary​
- Create new price list (Draft status)
- Copy Lines from previous price list
- Modify prices as needed
- Activate the price list
- Post Price Inventory Adjustment
This workflow ensures proper tracking of price changes and maintains historical data for reporting and analysis.