Maximum Retail Price (MRP)
Maximum Retail Price (MRP) is a retailing concept practiced in some markets, such as India, where merchandise is shipped from the manufacturer to the store with the final retail price of the item (including all taxes) printed on the item package. This protects customers from being charged a higher price, or an additional charge, by the retailer when they purchase the item.
The Maximum Retail Price or MRP feature impacts price lookups, and the selling and returning of items.
Prerequisites
To enable the MRP feature, you must do the following:
Enable the
mrpcontrolled
field in thePLUTXN.ASC
file. This activates the MRP feature.Set parameters in the
MRPTXN.ASC
file. This sends an MRP price file to the POS.
Features
MRP Control Setting
By default, the MRP control setting is not activated for PLU items.
When you enable the MRP setting for a PLU item, the POS retrieves MRP pricing
data from the database. When you disable the MRP setting for a PLU item that
was MRP-enabled, MRP prices are disassociated from the PLU item without removing
the MRP data from the database, and the system no longer displays the MRP
tab
in the Store Manager
application for that PLU
item.
MRP Prices
An item can have several valid MRP prices on file based on when
various shipments of the item were received. You can configure the POS to
display up to 12 MRP prices per item. This is done by setting the number of
prices in the Maximum Number of MRP Prices Displayed
field
on the General
tab page for Register
Parameters
configuration. The prices are displayed in order
of the most recent price. At the POS, the cashier selects the price that appears
on the item package from the list of displayed prices.
Note
If the Maximum Number of MRP Prices Displayed
field
is set to 0 (zero), the most recent MRP price is retrieved
from the database and the cashier is not required to select a price.
After an MRP price is selected, it is submitted as a new parameter in the PLU lookup request. The Xpress Server replaces the retail price normally retrieved for the item with the selected MRP price and applies it to the transaction.
Selling an Item
The POS uses the MRP price selected by the cashier in the transaction. The MRP price applies to all discounts and promotions including mix-matches.
Returning an Item
Because the purchase price of an item is known in a return with receipt, MRP price lookups are only applicable to returns without a receipt. For this type of return, a list of MRP prices is displayed when the return item is scanned.
More Information
See Register Parameters configuration, General and Min/Max Digits tab pages, for information on using the MRP settings.