TABLE OF CONTENTS


1. Creating a price adjustment

2. Activating a price adjustment

1. Creating a price adjustment

When there is a need to make percentage changes to contractual prices, this can be done with the price adjustment tool that can be found on the "Price adjustments" tab in the "Contracts" section. Click the "+Adjustment" button to start creating a new adjustment.



There are four tabs on the tool: data, products, contracts and price lists.




Data


On the "Data" tab you can make the following definitions for the price adjustment:


  • Name: you can give a descriptive name to the price adjustment
  • Raise-%: here you must define the percentage change that is done to the contractual prices. With a negative number you can also lower prices.
  • Round up (€): here you can define how the prices are rounded after the adjustment. For instance, if you put number 1 to this field, the prices are rounded to the nearest euro.
  • Date: here you can define if you want that the price adjustment is done automatically on a certain day. The adjustment can also be activated manually, in which case leave this field empty.
  • Description: you can also write a description of the price adjustment, if needed.

 

Products


The products whose price need to be adjusted, are selected on the "Products" tab. If no products are selected, the price adjustment is done to all products. If some products are selected, the price adjustment is targeted only to those. Products can be chosen individually, by groups or by tags. Note that only recurring products are shown on this tab.



Contracts


The contracts whose prices need to be adjusted are selected on the "Contracts" tab. You can select contracts one by one, by customer group or by customer tag. From the "Delete selection" button you can unselect the customer tag selection.



Price list


On the price list tab you can target the price adjustment also to price lists. This isn't mandatory, but if prices for new contracts are fetched from price lists, this selection might be necessary.

 

2. Activating a price adjustment

If the date that was defined for the price adjustment is in the past, the price adjustment is activated immediately after saving the adjustment. If the defined date is in the future, the adjustment is activated automatically on that day. If the date was not defined or if you want activate the adjustment beforehand, you can activate the price adjustment manually.


You can see all price adjustments on the "Price adjustments" tab. If an adjustment has not yet been activated, there is a "Execute" button on the "State" column. Once the button is clicked, the adjustment is activated. After that, the date and time of the activation are shown on the "State" column.


If the price adjustment has not been activated yet, it is still possible to make changes to it. If you click on the adjustment's name, a new window is opened which has an "Edit" button. 

Remember to save after you have done the necessary changes. After this you can activate the adjustment or leave it to wait for activation. If an adjustment has already been activated, it is not possible to edit it or cancel it.


The price adjustments are applied to the next contract invoices that are created. This means that the adjustments are not applied to invoices that have already been formed. If you need to update prices on contractual invoices that have already been formed, you can do that using the "Contracy alterations" tool that is covered in more detail in this article: 5.3.2 Contracts - Contracy alterations and their invoicing.