Price And Commissions

Each product in Flash has a 'Price Range'. The 'Price Range' is a pricing reference you can use to determine the best price at which you can sell the item and what commission they might receive for it. There are generally three fields in the price range, one for each price point, which are:

The three price points is used in Flash to determine both the commission calculation as well as the price approval.

Customer Price: Many times, an agent may create a Price List for a specific customer. In this instance, a factory approved customer price should be shown under Cust$.

Key Points:
  1. It is mandatory for the line items to have a min and a target price. The walk and customer prices are optional.
  2. The customer price is NOT considered as a price point in the price range.
  3. Prices fluctuate as the market changes, so lines in Flash retain their prices only for a limited time. When a sales instrument expires, the price range for each line is recalculated to reflect the current prices.

Commissions For The Price Points

A typical price range includes the price points and their associated commissions, as shown in the below image:

So if the unit price is $123.95 you will get a 10% commission. If it is sold at $136.35, you will get a $13 commission and if the unit price is $99.15 you will get a 3% commission.

These price points and their associated commissions helps with the commission calculation.

Customer Price

As mentioned previously, the customer price is a pricelist that is created by the agent and is shown under Cust$ in the price range box. This price helps speed up the price approval price; in the case where the unit price is equal to the customer price and the price is less than the min, then your unit price will be automatically approved.

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