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How to Set the Retail Factor and Cost Factor of a Design Item

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Knowledge Article

 
Article Number000001803
TitleHow to Set the Retail Factor and Cost Factor of a Design Item
Applies to2020 Design; 2020 Cloud; 2020 Design Live
Body of the Article

Applies to:

2020 Design version 12.1 and higher


 

Description:

The price section located in the lower part of the Cloud Browser pane allows you to set or change the Cost Factor and Retail Factor for the current 2020 Cloud item. 




1. Click the Pricing rate setup button.

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 2. Select a catalog.

3. Within the pricing section, type a value in the Cost Factor field and press <Enter>. 

4. Type a value in the Retail Factor field and press <Enter>.

Once entered, Cost Factor and Retail Factor will be updated consequently in the Pricing columns (see the capture below).

 
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Formulas:

Cost Price Result = [list – (list * Cost Factor)] for example, $100 – ($100 X 0.10) = $90, as shown in the Cost Price Result field. See capture above.

Retail Price Result = [cost + (Cost * Retail Factor)] for example, $90 + ($90 X 0.50) = $135, as shown in the Retail Price Result field See  capture above.






Related Reference
How to show or hide the order code in the options list
How to browse a catalog’s content by item category
How to make an option the default
How to add an item into a design

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