Synergetic Financial Configuration - Business Units

Use the Category Price Groups sub-tab of the Business Units tab to set a profit target for item categories when they are sold to certain groups. For example, your organisation can choose to sell items in the category "textbooks" to students for a low profit.

To open the Category Price Groups sub-tab:

Select Module > System > Finance Configuration Maintenance from the main menu.
The General tab of the Synergetic Financial Configuration window is displayed.
Click the Business Units tab.
The Business Units tab of the Synergetic Financial Configuration window is displayed.

Tip: You can also open the Business Units tab by selecting System > Business Unit Maintenance from the main menu.
Click the Category Price Groups sub-tab.
The Category Price Groups sub-tab of the Synergetic Financial Configuration window is displayed.

Synergetic Financial Configuration - Business Units - Category Price Groups sub-tab key fields

Field	Description
Item Category	Category of items that the profit target applies to.
Price Group No.	Number for the price group.
Price Group Short Desc	Code for the price group.
Internal Sale?	Select if the profit targets apply to internal sales only.
Profit/Pricing Method	Select either Markup or Gross Margin in the Profit/Pricing area below.
% Profit Target Min	The minimum profit that the business unit aims to make from the items for the category and price group.
% Profit Target Max	The maximum profit that the business unit aims to make from the items for the category and price group.

Field

Description

Item Category

Category of items that the profit target applies to.

Price Group No.

Number for the price group.

Price Group Short Desc

Code for the price group.

Internal Sale?

Select if the profit targets apply to internal sales only.

Profit/Pricing Method

Select either Markup or Gross Margin in the Profit/Pricing area below.

% Profit Target Min

The minimum profit that the business unit aims to make from the items for the category and price group.

% Profit Target Max

The maximum profit that the business unit aims to make from the items for the category and price group.

Field	Description
Profit/Pricing Method	Select: Markup to increase the price of goods by a set percentage for the category and price group Gross Margin to increase the price of goods by a specific margin for the category and price group.
Target Profit Min %	Enter the minimum profit that the business unit aims to make from the items for the category and price group.
Target Profit Max %	Enter the maximum profit that the business unit aims to make from the items for the category and price group.

Field

Description

Profit/Pricing Method

Select:

Markup to increase the price of goods by a set percentage for the category and price group
Gross Margin to increase the price of goods by a specific margin for the category and price group.

Target Profit Min %

Enter the minimum profit that the business unit aims to make from the items for the category and price group.

Target Profit Max %

Enter the maximum profit that the business unit aims to make from the items for the category and price group.