Adjust the prices of individual items

A pricing organization user may sometimes have to adjust the prices of some or all the items in a price list. For example, an organization may want to reduce the price of all the electronic items because of rising competition in the electronics market.

1. Navigate to the Price List Summary screen. To navigate to the Price List Summary screen, perform the following steps:
   1. Log in to Sterling™ Business Center as pricing administrator.
   2. The application home page is displayed. Click the Pricing tab.
   3. From the Pricing home page, click Find Price List in the Pricing dashlet.
   4. The Price List Search screen is displayed. In the Basic Price List Search panel, enter the search criteria, and then click Search to perform a basic search. Alternatively, click Advanced Search, enter the search criteria, and then click Search to perform an advanced search.
   5. The price lists matching the search criteria are displayed. Click the Price List ID hyperlink or double-click the row corresponding to the price list. The Price List Summary screen is displayed.
      Note: If there is only one price list matching the search criteria, the details of the corresponding price list are automatically displayed.
2. Click the Find Items Within Price List related task.
3. The Find Items Within Price List screen is displayed. Search for the items for which you want to adjust the prices by performing the following tasks:
   1. In the Item ID Contains box, enter either the complete or partial ID of the items for which you want to adjust the price.
   2. In the Item Short Description Contains box, enter either the complete or partial description of the item you want to search for. For example, if the Item Short Description is A flat television panel, you can enter either panel, or television panel, as your search text.
   3. Click the Search icon adjacent the Items In Category box to search for the category the items belong to. The Category Lookup dialog box is displayed. Navigate to the corresponding category and double-click the category. Alternatively, select the category and click Select.
   4. Select the Show items with zero price check box to search for items which have zero as the price of the item.
   5. Select the Search only services and service options check box to search for services and service related options only.
   6. Click Search.

      The items matching the search criteria are displayed.

4. Adjust the price of the items by modifying the following fields, as required:
   • List Price in: Modify the list price of an item by entering a new price.
   • Adjustment %(+/-): Modify the percentage of the adjustments to be made to the list price of an item. A positive number indicates a percentage amount to be added to the list price. A negative number indicates a percentage amount to be discounted from the list price.
     Note: You can modify this field only if the Maintain Percent Adjustment rule is enabled in the Applications Manager.
   • Adjustment (+/-) in : Modify the absolute adjustments to be made to the list price of an item. A positive number indicates an absolute amount to be added to the list price. A negative number indicates an absolute amount to be discounted from the list price.
     Note: The currency that is displayed for List Price in and Adjustment (+/-) in is populated based on the selection that is made in the Order Currency* field. For example, If you have selected US Dollar in the Order Currency*, then Adjustment (+/-) in $: is displayed. You can modify this field only if the Maintain Absolute Adjustment rule is enabled in the Applications Manager.
5. Click Save.