Viewing and Altering Avg, List & Latest Cost Prices

• To access the pricing information of a product, enter the name or barcode into your product search field.

• Select the Pricing tab located on the left on the screen

• If you want to update any pricing information for all stores do not select a store. This will remain as HO and will immediately update all stores once you press save.
• Any lower Office Store can be selected by selecting the pharmacy drop-down box and selecting the Store we want to view the Pricing Information in.

Cost Price Type

The first section, Cost Price Type shows the following

• Average Purchasing Cost - The average cost of purchasing this product, this is calculated by averaging the purchasing cost of the item when booked into stock from the orders module
• List Cost Price - This is the listed cost price provided by the supplier, in the case of IPU updated products, this reflects the IPU cost price. To update this price enter in the new cost price in this field.
• Latest Cost Price - This is the most recent cost price the product has been purchased for, based on the cost of the item when booked into stock from the orders module

• To view either the Latest Cost Price or the List Cost Price History, select the clock button, located at on the right-hand side.

Viewing and Altering Dispense Price Points

Price Points are used to allow pharmacies create a price hierarchy for different products.

• Each store can have one price point assigned to it.
• From Head Office, you can attach as many Price Points as needed to a product.
• Each store will use the price point of that product assigned to that store.
• To add a new Dispensing Price point to a product Select the 'Add a new Dispense Price Point button'

• This will open the 'Dispense Price Point Maintenance' page.

Here we can edit the following:

• Price Point: Here we can select from a predetermined Price Points
• Cost price: Here we can select from the latest cost price or the List cost price
• Dispense fee: Here we can enter a dispensing fee to attach to the product
• Expected Markup: Here we can add a percentage markup to the price point based on the list cost price
• Container Charge: This is to add a container charge fee
• Broken Bulk Fee: This is used to add a broken bulk fee

• To save the Pricepoint, enter in the required information into the fields and select Save Price Point.

• Any number of Price point can also be added.Price Points can be used to manage pricing geographically, seasonally etc

• The Store Price Point can be selected in the Config Module
• Here we we can assign the Store price Point

Viewing and Altering Scheme Pricing

To view pricing for schemes:

• Open Rx365
• Go to Config and Schemes tab

• Press the pencil edit button

• This will then display all information for the selected scheme
• Click on the Scheme Pricing header to expand

Here you can edit the following for the selected scheme:

• Dispense Fees: If you would like to increase the dispense fee for all private scripts, you would edit the Standard fee on the DR scheme.

• Markup Rate: If you would like to increase the Markup Rate for all private scripts, you would edit the Markup Rate on the DR scheme.

• Reference Pricing: You can enable or disable reference pricing per scheme. You can base the reference price and supplement price on the available options.

Scheme Pricing and Dispense Price Points Explained

• Rx 365 allows you to set the Dispense Fee and Markup rate for each scheme
• However, you can also add a dispense fee and markup to each product under a price point
• In the config module under schemes there is an Override Price Points option under the Scheme Pricing tab

Note - This option is scheme specific

• This option allows you to decide whether the dispense fee and markup of this scheme will override all product specific price points. If it is unticked the product specific price points will be used
• If there is not a product specific price point the dispense fee and mark up will always be pulled from the scheme

Local Product Pricing

• Rx 365 uses the List Cost ( IPU Cost Price for IPU Products ) at the point of dispensing
• If you would like another price to be used at the time of dispensing but you do not want to change the List Cost ( IPU Cost Price for IPU Products ) you can use the Local Price field
• To add a Local Price search for the product and go the the Pricing tab

• Under Add a New Cost Price header select the "Choose cost price..." dropdown

• Select Local Price

• Enter in your new cost price
• Press Add

• This will now be the price that is dispensed in store and is displayed under the Cost Price Type header

• To revert back to using the List Cost Price ( IPU Cost Price for IPU Products ) delete the Local Price by pressing the delete button beside Local Price

• To view the historical changes of the Local Price select the clock button beside the delete button. This will show you each time the local price has been edited, the staff member who edited this and the time in which it was edited.