As a business owner, to provide direct sales commissions for the cashier, sometimes we allow the cashier to change the selling price of the product directly during the transaction process to be higher than the original selling price, or allow the cashier to sell the product below the original selling price for clearance promotions.
However, we also need to restrict the cashier from changing the selling price of the product to be below the selling price or the cost price. For this, we can set the minimum selling price configuration in the Sell menu.
This configuration is important for avoiding sales transactions using product prices that are less than Unit Price/Unit Cost. There are various procedures and explanations that will be covered in this article to complete this setup. For more information, see the following steps.
Tutorial Video: The Minimum Sell Price
I. Enable Configurations
Step 1. Navigate to Settings Menu
Click on the selected section
Click the Unit Price and then click Save
Price Minimum Types Configuration
Unit Price = can't sell below the Unit Price
If you select this configuration. There will be a warning pop-up when user editing the price below the Unit Price, therefore user can't edit and sell the product price below the Unit Price.
Unit Cost = can't sell below the Unit Cost
If you select this configuration. There will be a warning pop-up when user editing the price below the Unit Cost. This is useful to reduce the risk of wrong input where user sell the product price between the cost or COGS.
Minimum Price = can't sell below the Minimum Price
To use this configuration, you must first set a minimum price for the product variant. Once done, enabling this configuration will allow user to sell the product at a specific minimum price that has been set.
Note:
This is the section to input Minimum Price
II. User Access Configurations
Navigate to the Users menu select Groups then click the user account
Tick as the following screenshot
III. Result
Step 1. Navigate to Sell Menu then Make Sales Transactions
For example here there is product with the cost as the following screenshot
Step 2. System Reject the Transactions
When user try to sell the products below the cost there will be pop-up warning as the screenshot below, so user can't sell them.
Related Articles:
If you need to record a Sales Person for every transaction, maybe this configuration will really help you: Sales Person Required in Sell Menu
If you need to record a Customer for every transaction, maybe this configuration will really help you: Customer Required in Sell Menu
If you don't want to give COST access to a specific user, you can setup it through this article: Configuration Visible & Enable Cost on Selling Page
DealPOS is an online point-of-sale (POS) application specifically designed for retail businesses in categories like Fashion, Minimarkets, Electronics, Fresh Food, and Building Material Stores.
With DealPOS, you can manage both online and offline store inventory in real-time on a single platform. You can also sell through omnichannel (offline and online) as DealPOS integrates with marketplaces (Shopee, Tokopedia, TikTok Shop, Lazada) and instant web stores (Shopify and WooCommerce).
For more detailed financial book-keeping, Books App is available as a separate accounting application. In addition, stock counting becomes easier with the DealPOS Scanner App, which supports barcode scanning features.