Fixes
[VA-9880] - Issue with Ship order from Sales Order
[VA-9881] - Balance Issue / wrong transaction result
[VA-9884] - Reply to email address being ignored after being changed
[VA-9889] - EasyPost and FedEx rate difference
[VA-9895] - Report Filter Type set to multiple values does not populate the report
Release Notes
[VA-9876] - add the ability to export the price level dimension as part of the customer API response.
- Versa has added the ability to export the price level dimension as part of the customer API response.
[VA-9893] - Add cost to selling price ratio as an inventory costing calculation method
Overview
This feature enhances the existing inventory cost pricing system by adding a third calculation method called "Cost-to-Selling Price Ratio" (RCT%), alongside the existing markup and margin calculations. This provides users with more flexibility in how they calculate selling prices based on inventory costs.
Current State
The system currently supports two pricing calculation methods for inventory cost-based products:
- Markup: Selling Price = Cost × (1 + Markup%)
- Margin: Selling Price = Cost ÷ (1 - Margin%)
New Feature: Cost-to-Selling Price Ratio (RCT%)
Adds a third calculation method:
- RCT%: Selling Price = Cost ÷ (RCT% / 100)
Example:
- If cost = $80 and RCT% = 80%, then selling price = $80 ÷ 0.8 = $100
- If cost = $80 and RCT% = 60%, then selling price = $80 ÷ 0.6 = $133.33
User Interface Changes
1. Settings Configuration
Location: Settings → Price Policies
- Replace the current checkbox "Inventory Costing Pricing Calculated Using Markup"
- Add a new dropdown "Inventory Costing Pricing Calculating Method" with 3 options:
- Margin
- Markup
- Cost-to-Selling Price Ratio
2. Order Item Forms Calculator
Locations: Sales Order Items, Invoice Items, Quote Items
- Add a third mutually exclusive calculator option alongside existing markup/margin calculators
- When "Show Cost-to-Selling Price Ratio for Price Calculation" is enabled:
- Display "Cost" field
- Display "RCT %" field (shorthand for Cost-to-Selling Price Ratio)
- Hide markup and margin fields
- Mutual Exclusivity: Only one calculator type can be active at a time
3. Real-Time Calculator Behavior
When RCT% calculator is active:
- User changes RCT%: Selling price updates automatically
- User changes Cost: RCT% stays the same, selling price updates
- User changes Selling Price: RCT% recalculates, cost stays the same
4. Pricing Logic
Inventory Cost Pricing Manager will use the new setting to determine calculation method:
- Margin: Price = Cost ÷ (1 - Percentage)
- Markup: Price = Cost × (1 + Percentage)
- RCT%: Price = Cost ÷ (Percentage/100)
5. Price Component Integration
For products with "Inventory Cost" pricing basis type:
- The percentage stored in price components will be interpreted based on the selected calculation method
- When RCT% is selected, the stored percentage represents the cost-to-selling price ratio
Business Impact
- Provides more pricing flexibility for inventory-based products
- Aligns with different business models and pricing strategies
- Maintains existing functionality while adding new capabilities
- No breaking changes to existing data or workflows
[VA-9894] - Add export to tariff rates
- In Versa users can import tariff rates, Versa has now added the ability to export them to view and change as necessary and upload them back in as we can with other files.
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