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Default Buy Price = Agreed Purchase Price with my Supplier. This is only a default and can be changed on the purchase order if the user has Secure Features
Default Sell Price = Sell price to my Franchisee
Franchisee Pricing Options
- Price list on the Debtor in the Franchisor - each franchise may be on a different price list
- Default Sell Price Marked up from Standard Cost = Default Sell Price is calculated any time Default Buy Price is updated. Formula = Default Buy Price x (1 + Franchisor Commission Rate)
- Default Sell Price can be manually adjusted and saved and that will over-ride the default mark up
Franchisee
Default Buy Price = depends on options chosen above
- Price list price on Debtor in Franchisor
- Franchisor Default Sell Price
RRP is Global
RRP is global across a Franchise Network and visible on the Stock Article Screen
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The commission % and the GL Account is set at the GL Control level
Franchisor runs Reconciliation Process for Bookings
Where a Franchisor gets a commission for any Bookings in any franchisor - a reconciliation process is required to calculate the amount owing on a regular basis.
The reconciliation process will find
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