Working with standard databases > Updating prices in the standard database > Updating prices by price code
Updating standard database prices using a pricing service
Updating the standard database prices does not affect existing estimates.
The new standard database prices apply to estimates started after the update. This procedure updates the prices of all linked items.
It is mathematically impossible to end up with the original
prices if you increase, and then decrease prices by the same percentage.
Before you begin
This
process makes permanent changes to the standard database. Before you update prices,
Sage recommends performing a back up of your estimate data.
To update prices by price code:
-
Open the Price Update by Price Code window in one of these ways:
- On the ribbon, from the Update Database group on the Data tab, click By Price Code.
- In classic view, select Pricing menu > Update Database.
- In the Price Code column,
enter the price codes (up to 50) that you want to update. Click the List
button to select price codes from a list.
- Enter the percentage
of change, by category, for each .
- (optional) Use the
tabs to customize the Price Update report.
- Click [OK].
- Review the Price Update
Confirmation window.
To continue with
the price update, click [OK].
When you click [OK],
Sage Estimating performs the price update. To pause the price update process,
click [Pause] in the Price Update
in Progress window. With the price update paused, you can click a button
to undo, cancel, or continue the price update.
- To cancel the update
and return to the Price Update by Price Code window, click [Cancel].
Tips:
- If you often use the same
settings for updating your standard database by price code, you can save those
settings as the default for future updates. To do this, click [Save
Default].
- To preview the price update
results before you perform the actual update, select Preview in the Price
Update Report area. (The Preview option is for review purposes only; it
does not update the standard database prices.)