Although you can price products individually, most products are more easily priced when arranged in groups. Define buy and sell groups, then assign products to the groups. These groups are used when creating buy and sell matrix cells.
You assign buy groups and sell groups to products by branch. When a branch level transaction occurs, the branch-specific group is used to determine the correct price.
Use sell groups to identify groups of products that share the same pricing rules. This grouping can reflect vendor classifications of products for costing purposes, and in such cases sell groups can be the same as discount classes. You can also group products according to the sales velocity or ranking of the item, which means you would group your A items together, your B items together, and your C items together. Use this approach when the selling price is associated with its relative velocity. Assign a different multiplier to slow-moving items to ensure a greater profit from those items.
Use buy groups to identify a group of products that share the same costing rules. Group products into buy groups when you have multiple primary vendors for a group of products, or when complex pricing relationships exist between your primary vendors and the product groups that you purchase from them, such as quantity breaks.
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