Understanding Promo Threshold
The promo threshold is used to alert you of price changes when approving invoices. By setting a Promo Threshold percentage you are telling the system what percentage in price change you would like to receive notifications for when clicking 'approve invoice'. The lower the percentage - the more price change notifications you are likely to see.
This way, you are alerted to double check promotional prices, pricing errors, or simply to monitor regular price fluctuations.
This is particularly helpful when vendors send heavily discounted or free items. The system will alert you to confirm whether you would like that item to be valued at the new discounted (or $0) price, or to keep the previous price instead so that the item does not take on the new, much lower price unnecessarily.
You may change the Promo Threshold percentage by going to your Profile Dropdown -> Store Settings -> Store Info.
You will see this in effect when approving invoices. If the CU price of any items on a particular invoice would change more than the Promo Threshold % then you will be asked to confirm the change for each item before approving the invoice.
Things to keep in mind
- 20% is a new Store's default Promo Threshold.
- The lower the Promo Threshold, the more likely you are to spot potential pricing errors and/or price changes.
- If the difference in price when approving invoicing seems too large, review the details of the line item in question. The variables that will affect the CU price are pack size, quantity and total amount of the line item.