FAQs: Retail Price Fields
This article answers frequently asked questions about the
retail price fields—Default Retail, Current Retail, and Starting Retail—on the Retail
Details tab in the Yellow Dog Inventory
Item Editor.
Q: Where are the retail price fields located?
A: You can find the retail price fields on the Retail Details tab of the Item Editor.
Figure 1. Retail Details tab showing the Default, Current , and Starting Retail fields.
Q: What does each retail price field do?
A: Each field serves a distinct purposes:
- Default Retail
This is the price used when a new store is added to an item’s availability. The Default Retail value becomes the Current Retail for newly added stores. - Current Retail
This is the active retail price of the item for each store. If Yellow Dog pushes prices to your point of sale system (POS), this is the price that gets sent. - Starting Retail
Used for reference in reporting and label printing. This field is helpful during markdowns or promotions. For example, labels can show both the Starting Retail and the Current Retail to highlight a price change.
Q: Where do I enter the Retail Price when creating a new item?
A: Enter the price into the Default Retail field. This will automatically be assigned as the Current Retail price for all assigned stores.
Q: What is the correct way to update an item’s retail price?
A: The correct method depends on your pricing needs:
Scenario 1: Same retail price across all stores
To apply the same price to every store:
- Update the Default Retail field.
- When prompted, confirm that you want to apply the price to all stores' Current Retail fields.
Scenario 2: Different retail price for each store
To assign store-specific pricing:
- Go to the Stores tab of the Item Editor.
- Enter the desired retail price for each store individually.
Figure 2. The Store Retail 1 column where different retail prices are set per store.
Scenario #3: Stores currently have different prices, but you want to unify them
To apply one retail price to all stores:
- Use the Stores tab of the Item Editor.
- Select Set Retail for All Stores to apply one price across all stores.
Figure 3. The Set Retail for all Stores button is used to unify the retail prices across all stores when they currently have different retail prices.
Scenario #4: Retail Price needs to be updated only for a specific time frame (ex. 4th of July Sale):
Create a Schedule Retail under Item Management > Scheduled Retail.
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