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Price change day

Costs went up or you are repricing a whole category: how to update prices without breaking checkout, and how to check the margin afterwards.

For: ManagerAdmin8 min

A supplier raised prices, or you decided to reprice a category. The POS separates two numbers: the cost, which updates when you receive at a new cost, and the sale price, which you set in the catalog. Change the sale price deliberately and check the margin after a few days of sales.

Signs you are in this situation

  • The last Receive Shipment had higher Cost price than before.
  • Reports → Product Sales shows a Margin that dropped for a product or a category.
  • Shelf labels and the receipt do not agree.

What to do right now

  1. Make the list first: Reports → Product Sales for the last weeks, filter by category, and note the products where Margin is below what you need.
  2. Do it outside the rush. Open Inventory → Catalog → Products. Edit the Base price directly in the row (it saves when you leave the field), or open the product and change Base price, then Save product.
  3. The new price applies to the next sale immediately. Change the shelf labels at the same time.
  4. If a sale is on Hold while you change prices, have the cashier Discard it and scan the items again, so the cart is built with the new price.
  5. Any active promotion on those products keeps its percentage or amount but now applies to the new base. Check Promotions for anything that no longer makes sense.

Decide

If…Then…
Cost went up on a fast sellerReprice now. A small delay on a high-volume item costs more than the awkward conversation.
Cost went up on a slow seller you have plenty ofSell the current stock at the old price if the margin still works; reprice when the new batch arrives.
You are repricing a whole categoryDo it in one sitting with the labels ready, and tell cashiers before the shift.
Margin is unavailable in the reportThe product has no recorded cost. Receive it once through Receive Shipment with a Cost price and the margin will start to appear.

Afterwards, and how to prevent problems

  • After a week, open Product Sales for the new dates and compare Units Sold and Margin with the previous period. Volume down a little and margin up is usually fine; volume collapsing is not.
  • Use Inventory Analytics → Valuation to see what your stock is worth at the current cost.
  • Always receive with the real cost. A wrong cost hides a wrong margin.
  • Keep a simple habit: every price change gets a date and a reason in your own notes.
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