Product Pricing
This tutorial walks you through configuring product pricing in the WorkTraq app. You’ll learn how pricing is calculated, how to apply price breaks, discounts, and bleed settings, and how these elements work together to create flexible and accurate pricing for your products.
Video Tutorial
1. Open Product Module
Click Product in the main top menu to navigate to the Product module.
2. Access to Pricing Section
Click the Pricing tab in the middle menu to access the main pricing configuration area.
3. Discount Manage
On the left side, you can define discounts for the current product. Here, you can choose whether the discount applies to the net price or gross price and set the discount percentage. Discounts configured in this table apply to the product across all companies in the system.
4. Discount by Company
In the bottom table, you can set a product discount for a specific company. This setting overrides the product discount defined in the table above.
5. Set up Company Discount
Click the plus icon in the header to add a company. Choose the company that the discount will be applied to in the pop up window.
6. Set Company-Specific Product Discount
Next, select the discount type and enter the discount value.
7. Apply Price Break
To refine product pricing, you can apply price breaks to make your pricing more flexible and accurate. Since the system supports two pricing calculation method similar to the costing section, there are also two corresponding methods for applying price breaks. Let’s start with the first method, which is based on accurate usage.
8. Price Break for Accurate Usage
Click the dropdown to select the appropriate price break for your product.
9. Price Break Table
After selecting a price break, the system automatically loads the price break table and calculates pricing based on the product costing and the price break rules defined in the settings.
10. Custom Price Break
If you want to add a custom price break for the product, click the plus icon instead of selecting one from the dropdown. Then enter the Range from, Range to, and the Unit Price you want to apply.
11. Pricing Locked
Once a price break is added to the product, the Sell Price is locked. You can no longer update the price directly in the Sell Price field, and all pricing changes must be made through the price break settings.
12. Price Break for Material Waste Method
Next, let’s set up price breaks for the waste material pricing method. Click Costing in the middle menu to access the costing section.
13. Add Material Price Break
For each material line, click the dropdown under Price Break to select the price break for that specific material. For this method, custom price breaks are not supported.
14. View Material Price Break
To view the material price break, simply click the icon next to the Price Break dropdown.
15. Material Price Break Table
A pop-up window will display the price break table.
16. Add Bleed Option
Each product has its own bleed requirements, which affect pricing. Click the dropdown next to Pricing Bleed to add the appropriate bleed for the product.
You have successfully configured product pricing settings within the Worktraq App, including discounts, pricing methods, and material-specific price breaks. For further customization, explore related pricing features or consult the Worktraq support resources.