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114 votes
Hi all, thank you for contributing to idea here. While our Inventory team have reviewed the idea for custom / tiered price lists in Xero, we want to be open that we do not have development planned for enabling more extensive Inventory management like this.
There are many Inventory apps that connect with Xero and offer these types of services and more - You can explore these on Xero App store. To be transparent we will update the status to not planned - If there is any change to this we will share with you here.
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Stephen Holland
commented
IT appears that the workarounds everyone is using to solve this problem prevent businesses from having one source of truth for inventory pricing.
An additional feature along with the couple of extra's posted would be discount approvals. I have worked for many large corporates and each tier of management has a different discount approval level.
For example:
- Telesales person may be able to offer a 5% discount,
- a Sales Person 10%,
- a Sales Manager 20%
- Finance 25%
- the CEO 30% and
- the Owner/directors up to 100%Having these features is an important part of financial control and good business governance
An error occurred while saving the comment Stephen Holland
commented
We create deals on a per customer basis, we may discount one by a fixed percentage while another may have their prices reduced by a random value per item, to encourage particular buying behaviours.
Let's be clear I developed a CRM system for a 2nd tier bank back in the 90's that had to solve the problem of getting information to and from field sales teams. It did take several months to deliver this in the days pre-intenet ubiquity and cloud.
What we are asking for before we get to additional discounting based on role is
unit quantity purchases of:
> 1- 5 -- 0%
> 6 - 10 -- 5%
> 11 - 20 -- 7%
> 20 - 50 -- 10%
etc.
For what I sell, advertising in newspapers, a basic discount schedule would look like this:
> 1- 3 editions -- 0%
> 4-5 editions -- 5%
> 6-11 editions -- 10%
> 12 editions + -- 20%
There is no rocket science to this if you apply this at the product level, customer level or at the Global level.
My product table is simple, around 40 items, for each row in the product table you would be looking at a 1-n relationship.
At the Customer level, I may want to override the product level quantity discounts where I can implement the current single discount option, or I can say customer is a slow payer then no discounts apply - turn off all discounts, or the options for volume purchase discounts could be overridden on a client-by-Client basis.
At the Global, which would be a starting point for my business, define the volume breaks and the default discounts at each break means i don't have to remember the volume breaks when quoting and invoicing. When I have to be the one to manage workarounds and remember stuff that my software should manage, I do wonder about the capabilities of the company's business analysts.