How to Manage Pricing Information

The Manage SKU feature enables retailers to create and edit an individual item’s cost, retail and/or markdown price without affecting other items within a store.

This document is a resource for retailers to understand how to:
Create a Cost/Retail/Markdown Price Change
Delete a Cost/Retail/Markdown Price Change

 


CREATE A COST/RETAIL/MARKDOWN PRICE CHANGE
Follow the steps below to create a temporary or permanent cost, retail and/or markdown price change for an item.

1. In the RICS Back Office, go to Setup :: Manage SKUs

2. To select an item, enter or search for a SKU in the SKU LookUp field

Note: After the item is selected, the current cost, retail and markdown price will display

 

3. Enter the permanent or temporary cost, retail and/or markdown price into the corresponding field(s) for a SKU or individual SKU size(s)

Permanent Price Option (SKU):

• Enter the new cost, retail and/or markdown price in the corresponding field(s) 

• After the price(s) have been updated, proceed to Step 5


Temporary Price Option (SKU):

• Click the View Advance Editing icon next to price field to be edited

• Enter the new cost, retail and/or markdown price

• Enter the Start Date and End Date

• Click Change

• Click Close Advanced Pricing

SKU Advanced Size Pricing Option:

• Click the View/Edit Size grid icon next to the price field to be edited

• Locate the appropriate size(s) and enter the new cost, retail or markdown price(s)

• Click Close Advanced Pricing

 

4. Click Save and Clear

 

 

DELETE A COST/RETAIL/MARKDOWN PRICE CHANGE
Follow the steps below to delete a temporary or permanent item cost, retail and/or markdown price change and revert to the original price.

1. In the RICS Back Office, go to Setup :: Manage SKUs

2. To select an item, enter or search for a SKU in the SKU LookUp field

Note: After the item is selected, the current cost, retail and markdown price will display

3. Click the View Advance Editing icon next to the price field to be deleted

 


4. Click End

5. Click Close Advanced Pricing

6. Click Save and Clear

 

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