Pricing Rule

Pricing rules allow you to offer flexible discounts and prices based on various criteria, making your sales promotions more targeted and impactful.

Common Use Cases:

• Quantity Discounts: Offer a discount (percentage or amount) on items when a certain quantity is purchased (e.g., 10% off for buying 5 or more items).
• Buy-One-Get-One (BOGO) Offers: Give away a free item or offer a significant discount on a second item when a specific item is purchased.
• Tiered Pricing: Set different price levels for items based on the total order value (e.g., offer a lower price per unit when customers spend above a certain amount).
• Early Bird Discounts: Provide a discount for orders placed before a specific date.

Enable Pricing Rules

1. Go to Setup > Settings.
2. Navigate to the Features section.
3. Check the boxes for the Enable Discount Accounting and Enable Pricing Rule.

Creating a Pricing Rule

1. Go to Common > Pricing Rule.
2. Click the + button to create a new rule.

Pricing Rule Fields

• Is Pricing Rule Enabled: Check this box to activate the rule.
• Items: Select the specific items or item groups to which the rule applies. Leave blank to apply to all items.
• Price Discount Type: Choose the type of discount you want to offer:
  • Rate: Set a fixed discount amount (e.g., $5 off).
  • Discount Percentage: Apply a percentage discount (e.g., 10% off).
  • Discount Amount: Offer a specific discount per unit (e.g., $1 discount per item).
• Free Item: Select the item you want to offer for free or at a discount.
• Quantity: Enter the number of free items to be given with the purchase.
• UOM: Specify the unit of measurement for the free item.
• Rate: If offering a discount on the free item, enter the discounted price.
• Round Free Item Quantity:
  • Rounding Method: Choose how to handle fractional quantities of free items:
    • Floor: Round down to the nearest whole number (e.g., 10.1 free items becomes 10).
    • Round: Round to the nearest whole number (e.g., 10.1 free items becomes 10, 10.9 becomes 11).
    • Ceil: Round up to the nearest whole number (e.g., 10.1 free items becomes 11).
• Is Recursive: Enable this option for BOGO offers where buying multiple qualifying items triggers the offer multiple times.
• Recurse Every: (Applicable only if "Is Recursive" is enabled) Set the number of items for which the BOGO offers repeats (e.g., buy 2, get 1 free repeat every 2 purchases).
• Min Qty: Minimum quantity of the specified item required to trigger the rule.
• Max Qty: Maximum quantity of the specified item to which the rule applies.
• Min Amount: Minimum order value for the rule to be applied.
• Max Amount: Maximum order value for the rule to be applied.
• Valid From: The start date for the pricing rule to be active.
• Valid Till: End date for the pricing rule to be inactive.
• Priority: Assign a number to determine the order of applying multiple pricing rules to the same item. The rule with the highest priority takes precedence.

Examples

1. BOGO Offer: Buy 3 Get 1

   | Field | Value | | ------------- | ---------------- | | Discount Type | Product Discount | | Quantity | 1 | | Rate | 0 | | Recurse Every | 3 |

2. Buy 2 Get 10% Discount

   | Field | Value | | --------------------------- | ---------------- | | Discount Type | Price Discount | | Price Discount Type | Discount Percent | | Discount Percentage | 10 | | Min Qty (As Per Stock Unit) | 2 |