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Revaluation depending on the exchange rate

Maria Hladkykh
Maria Hladkykh

Developer of technical documentation, author of video tutorials, host of Torgsoft Podcast

The rise in exchange rates: how quickly can we change the prices of goods?

The exchange rate is unstable now (and for some reason the NBU hides it :) ).
The purchase of goods from suppliers is usually bound to the currency: last week we bought them for 36 hryvnias per dollar, while today they cost 40 hryvnias per dollar.

Entrepreneurs face the task of making a quick revaluation of goods in the store and printing new labels.

You can do it easily and controllably in the Torgsoft accounting program.

! Before you re-evaluate the goods, make an archive of the database so you can roll back the changes if you change your mind.

00:23 — Two ways to reevaluate goods: recalculate selling prices by markup and exchange rate and reevaluate by equivalent price.

00:34 — Recalculating sales prices by markup and exchange rate.
00:47 — Where to set the exchange rate in the program.
01:00 — Example on a dollar bill of lading.
02:13 — How the accounting program calculates the retail price in local currency?
02:30 — Enter the current exchange rate for currency revaluation.
02:54 — Revaluation in the menu item Warehouse — Calculation of retail and wholesale prices by markup and exchange rate.
03:50 — Confirm revaluation with «Set retail price», «Set wholesale price» button.

04:42 — Revaluation at equivalent price.

06:58 — How did the prices change? Analysis of revaluation in the Warehouse menu — Change of sales price.
07:14 — How do I cancel the revaluation of a certain product? The «Cancel price change» action.
07:25 — How to view the price change of a specific product? Warehouse — Stock Condition — Sales Condition — Price Change and Discount History.
07:42 — Document — Revaluation report: analyze all price changes and print labels for revalued products.