====== Buy/Trade Options ======

  - Click on  **Setup** and then **Options**. \\ {{libertyreact:lib:newitem2246.png|NewItem2246.png}}
  - Click on the **Buy/Trade Options** menu selection. \\ {{libertyreact:lib:newitem2245.png|NewItem2245.png}}
    * **Disable Buy / Trade Entry**: With this option selected the **Add Trade Items** and **Process Trades** buttons will be removed when in accounts.
    * **Use Touch Interface for Buy / Trade Entry**:  This will change the screen from the default Item Entry mode to a Touch Screen Item Entry mode. See [[maintenance:newtopic39|Trade Item Entry Process]] for more details.
    * **Prompt to Process Buy / Trade inventory automatically**: Checking this will prompt you to process the trade immediately after trying to close out of the trade item entry process.
    * **Default Buy / Trade processing to “Buy”**: When processing trade items, this will set the default process method to either **Trade** or **Buy**.
    * **Enable Pre-Paid Buys**:  Allows stores to make an offer and payout to the seller before entering the customer’s items.  This basically enables pre-paid transactions.   When pre-paid buys are enabled, the **Buy** / **Trade** button loads a list of open **Buys** for the account. \\ From here, a new **Buy** can be added, or an existing **Buy** can be updated.  **Buys** are assigned an amount, and can be set to either **Cash** or **Trade**.  The buy can be paid out before any inventory is entered.  Once inventory is added to the **Buy**, the **Buy** can be processed, and the amount associated with the **Buy** is distributed as a cost to all items in the **Buy**, based on the price of the items. \\ For more information, please visit the Pre-Paid **Buys** help article.
    * **Differential Percentage For Trade Items**: This will provide a bonus in store credit to the consignor when selecting to receive payment in the form of store credit over cash.
    * **Additive**: With this option enabled, if you set the differential to 10%, then the trade value would be the price of the item multiplied by the trade differential percentage added to the cash value. \\ **Additive Example**: You have an item that is priced at $50.00.  Your split is 50/50, meaning the cash value of this item when processed would be $25.00 to the client.  The  trade differential set to 10%, that would make the store credit trade offer $30.00. \\ **Formula For Additive Trade Example**: \\ Price * Split percentage = **Cash** Value \\ Price  * **Trade** Differential = Additional **Trade** Value \\ **Cash Value + Additional Trade Value = Total Trade Value** \\ $50 * 50% = $25.00 \\ $50 * 10% = $5.00 \\ $25 + $5 = $30.00
  - **Price + Split Percentage = Cash Value** \\ **50 * .50 = $25.00**
  - **Price * Differential Percentage = Additional Trade Value** \\ **50 * .10 = $5.00**
  - **Cash Value + Additional Trade Value = Total Trade Value** \\ **25 + 5 = $30.00** \\ {{libertyreact:lib:25.jpg|25.jpg}} \\ Note: If an item has a Cost/Net amount set, this will override the calculation of the cash value and the new cash value of the item will be set to the amount specified under the Cost/Net field.
    * **Multiplicative**: With this option enabled, if you set the differential to 10%, then the trade value would be 110% the cash value. \\ **Multiplicative Example**: You have an item that is priced at $50.00.  Your split is 50/50, meaning the cash value of this item when processed would be $25.00 to the client.  With the trade differential set to 10%, that would make the store credit trade offer $27.50. \\ **Formula For Multiplicative Example**: \\ **Price * Split Percentage = Cash Value** \\ **Cash Value * Differential Percentage = Additional Trade Value** \\ Additional **Trade** Value + Net to consignor = Total **Trade** value \\ $50 * 50% = $25 \\ $25 * 10% = $2.50 \\ $2.50+ $25.00 = $27.50
  - **Price * Split Percentage = Cash Value** \\ **50 * .50 = $25.00**
  - **Cash Value * Differential Percentage = Additional Trade Value** \\ **25 * .10 = $2.50**
  - **Additional Trade Value + Cash Value = Total Trade Value**
  - 50 + 25 = $27.50 \\ {{libertyreact:lib:35.jpg|35.jpg}} \\ Note: If an item has a Cost/Net amount set, this will override the calculation of the cash value and the new cash value of the item will be set to the amount specified under the Cost/Net field.
    * **Default Consignment Price Code**: Allows you to set the default consignment price code on the processing trade items screen.  This is so that you can set a different consignment price code for trade items than what is normally the default price code on an account. \\ {{libertyreact:lib:newitem2244.png|NewItem2244.png}}
==== Next Section Navigation Link ====

Click the following link to see a list of articles for the next section: \\ [[:setup:optionsmenu:imageoptions|Image Options]]

==== Related Topics ====

[[setup:optionsmenu:buytradeoptions]]
[[setup:optionsmenu:accountdefaults1]]
[[setup:optionsmenu:appearance]]
[[setup:optionsmenu:backup]]
[[setup:optionsmenu:categoryoptions]]
[[setup:optionsmenu:emailsettings]]
[[setup:optionsmenu:headersfooters]]
[[setup:optionsmenu:imageoptions]]
[[setup:optionsmenu:itementryoptions]]
[[setup:optionsmenu:payouts]]
[[setup:optionsmenu:printing]]