Price Markup Setup

The  Price Markup is selected on the Product Info screen Product Details tab.

Markup Setup Tab

This screen displays a list of any existing Product Markups imported from UVIS or manually added within VetView.  Price Markups, unlike adjustments, client type prices, etc., are generally not intended to be changed frequently, as they are systemic and applied to every product and every order in the system.  

Add Price Markup

Markup multipliers can be added, or edited, by clicking the Add or Edit button.  Select an existing markup line to edit it.

This will open the Add/Edit window.  Name your new price set, and enter the value as a decimal.

Set a Price Markup as Inactive

To remove a multiplier from the drop-down list, edit it on this screen, turn off the Active flag, and click on Save. Inactive Price Markups will still be used to calculate product prices on any existing orders, but it won’t be available for selection on new or existing products any more.   To completely remove a markup from any future orders, you will need to identify the products where it was used and change it to another markup under the product details screen.  

Impact of Changing a Price Markup

Changes to the Markup Value will impact the price of products assigned the multiplier when the product is added to an order, or when an order, containing the product, is recalculated.

After changing the Markup Value, each open order containing the products associated to the markup must be recalculated on the Order Management screen.

Click on the Recalculate Order Total screen to complete this process. 

Price Markup on the Product Details Screen

The markup is used to increase the Pricing Basis amount to account for the cost of goods and profit by multiplying the Multiplier by the pricing basis. The amount of the increase is not captured by an adjustment, but instead is considered a change in the final product of the product charged to the client on the patient orders.

The price displayed in the Price Calculator on the product details screen is the result of multiplying the Pricing Basis by the multiplier. The volume and client discounts are subtracted from the price, then the Minimum Price Adjustment is calculated.