Wisdom Wednesday!

Omni Price: How to quickly update your pricing contracts!

With Omni Price, you can have a single contract setup to include multiple items with multiple pricing modes. Or, you can have multiple contracts setup that has pricing setup for a grouping of items.  However you decide to setup your contracts with Omni Price, you can use the Contract Mass Update feature to quickly and easily change your prices.

Example:  Contract – US Phone; Item 100XLG with 2 different pricing modes with multiple pricing levels

Example:  Contract – US Phone; Item 1GPROC with 2 different pricing modes with multiple pricing levels

Rather than updating each item one by one, use the Contract Mass Update window to quickly update your item pricing in a customized way that works for your company.

Here are steps to complete a Contract Mass Update:

1.       Click Microsoft Dynamics GP, point to Tools, Point to Utilities, Point to Omni Price, and then click Contract Mass Update.  This will open the Contract Mass Update window.

2.       From the Update drop-down field, you can choose to update All Contracts or choose Range of Contracts. 

3.       The “Select Contracts to Update” section can then be used to narrow your query as to which contracts, customers, items, etc. you would like to update.  In this example, we have selected “Range of Contracts” as the Update type and “US Phone” as the Contract ID.

4.       Once you have selected which contracts to update, you can use the Enter Update Parameters options section of the window to how to update the pricing of your items.  In this example, we have selected to increase pricing by 3.25% for the selected items within the contract.  Notice you can choose which items in the contract to specifically update and what the new price calculation will be once the item is selected.

5.       Once the update is processed, a Contract Mass Update report will generate detailing the changes for historical purposes.

6.       The pricing will be then be updated in the Contract Maintenance window based on the options entered.  Notice in this example how the pricing has now changed for the US Phone contract we have used throughout this example:

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