2 Create a Clearance Markdown

If you would like to create a new markdown for an item/location, you can do so by adding it to an existing group or creating a new group. Creating a new clearance group can be done by selecting the Create Clearance Group task from the Task List, or selecting the Create action from the Clearance Group Search screen. Either of these steps create a new Clearance Group into which markdown can be added.

To add markdowns to an existing Clearance group, perform a search for the clearance group that you want to edit. See Search for a Clearance Group. From the search results pane of the Clearance Group Search page, highlight the clearance group to which you want to add a clearance markdown and select Edit from the Actions menu. The Clearance Group page appears.

Figure 2-1 Clearance Group

Add Items

The initial page in the Markdown Wizard allows you to select the items that you want to add to the markdown.

Figure 2-2 Add Markdown Items Page

From the Item Markdowns table, select Add from the Actions menu

The Add Markdown Wizard launches.

From the Add Markdown Items page, enter the items to add to the new markdown using the following criteria:

Table 2-1 Items Page Fields

Field	Description
Add Items by	The Add Items by field allows you to select a category by which you can narrow the list of things to add to the markdown. Options are: Item Parent/Diff Item List Upload List
Item	The Item field is active if you select Item in the Add Items by field. Click the magnifying glass to search for an item to add to the markdown.
Parent/Diff	When Parent/Diff is selected for 'Add Items by' the display of the screen changes, showing an item field and diff type field as the top row, with a Diffs table directly below. Entering an Item and Diff type will populate the diff table where diffs can then be selected. Combinations of the entered parent item and the selected diffs are added to the Selected Items table when the apply button is selected.
Diff Type	The Diff Type field is active if you select Parent/Diff in the Add Items by field.
Item List	The Item List field is active if you select Item List in the Add Items by field. Click the dropdown to select a defined list of items to add to the markdown.
Source File	Source File is active if you select Upload List in the Add Items by field. Click Browse to select the file to upload.

Once you have entered your criteria, click Apply to move entered or selected data for the item selection option to the Selected Items table. In the case of an Item List or Upload List, the items in the list are populated into the Selected Items table. Once all your items are added to the markdown, click Next. The Add Markdown Locations page appears. Continue with Add Locations.

Add Locations

The Locations page of the Markdown Wizard allows you to define the locations associated with the markdown.

Figure 2-3 Add Markdown Locations Page

From the Add Markdown Location page, select the location type you want to use for adding locations using the following criteria:

Table 2-2 Locations Page Fields

Field	Description
Add Locations by	The Add Locations by field allows you to select a category by which you can narrow the list of locations to add to the markdown. Options are: Zone Location List Store Warehouse Note: The Warehouse option is only displayed if the Recognize Warehouses as Locations system option is set to Yes.
Zone Group	The Zone Group field is active if you select Zone in the Add Locations by field.
Zone Table	The Zone Table is active if you select Zone in the Add Locations by field. When a zone group is entered, the Zone Table will be populated with the zones in the zone group.
Apply Locations within Selected Zones	The Apply Locations within Selected Zones check box is active if you select Zone in the Add Locations by field. This checkbox allows exploding the zone into stores and warehouses for populating the Selected Locations table. If you have access to one location in a zone, you can create events for the entire zone and markdowns can be created for all locations under the zone after exploding the zone.
Location List	The Location List dropdown list is active if you select Location List in the Add Locations by field. Click the dropdown to select from a defined list of locations to add to the markdown.
Store	The Store dropdown list is active if you select Store in the Add Locations by field. Click the dropdown to select from a defined list of stores to add to the markdown.
Warehouse	The Warehouse dropdown list is active if you select Warehouse in the Add Locations by field. Click the dropdown to select from a defined list of warehouses to add to the markdown.

From the search results pane, select the location(s) to add to the markdown and click Apply.
Once all your locations are added to the markdown, click Next. The Add Markdown page appears. Continue with Add Markdown.

Add Markdown

The Add Markdown page of the Markdown Wizard allows you to define the enter a single markdown or use a Cadence Template to generate multiple related markdowns for the item/location combinations. The screen has two different views, a Single Markdown view and a Template view base on the value selected in the Cadence dropdown. Below are the two views:

Figure 2-4 Add Markdown Page – Single Markdown View

Figure 2-5 Add Markdown Page

From the Add Markdown page, define the information for the markdown being added using the following criteria:

Table 2-3 Markdown Page Fields

Field	Description
Cadence	This field is used to decide whether a single markdown or multiple markdowns will be created for each item/location combination based on the cadences in the template. The options are: Single Markdown Template When Template is selected, the wizard will create multiple markdowns for the item/locations selected based on the number of markdowns defined in the template.
Template	Select the template you which to use to generate multiple markdowns for the item/location combinations selected. This field only shown in the Cadence Template view of the Add Markdown screen.
Initial Effective Date	Enter the date on which you want the first markdown of the cadence template to take effect. The effective date of subsequent markdowns is based on the initial effective date plus the days after first markdown parameter from the template. This field only shown in the Cadence Template view of the Add Markdown screen.
The fields described below are only shown on the Single Markdown view of the Add Markdown screen.
Markdown	The Markdown field contains a predefined identifier for the Markdown to describe what the new markdown represents in the clearance lifecycle. For example, this could be first, second, final, and so on. This field can be left blank, if not required by a system option setting.
Value	The Value field provides the options that derive the new retail price. If a system option default has been defined, a value will be automatically added for your event. But this can be changed, if desired. Options are: Percent Off: A percent is defined in the change value field that subtracts from the retail price to determine the new retail. Amount Off: An amount is defined in the change value field that subtracts from the retail price to determine the new retail. Fixed Price: The item is at a specified retail that is defined in the change value field. Note: A rounding rule may impact entered retail. After selecting the change type, you will enter the actual value for the change. This field is required entry for every change type. The field supports up to four decimal places for Percent Off value. For Amount Off and Fixed Price decimal placement is based on currency of selected locations.
Effective Date	The date on which the markdown is set to take effect. You have the option to key in a date or select one using the calendar widget.
Rounding Rule	The Rounding Rule field provides the ability to smooth retails for an item or location. If a system option default has been defined, a value may be automatically added to your event. But, this can be changed or removed, if desired.
Reason	The Reason value defines the reason the markdown is being created. If a system option default has been defined, a value may be automatically added to your event. But, this can be changed or removed, if desired.

Once all your markdown information is entered, click Next. The Add Markdown Summary page appears. Continue with Review, Submit and Approve.

If you want to skip the Summary Page, you can click on Finish or select Submit, or Approve options from the Finish drop down menu.

Review, Submit and Approve

The Summary page displays the details of the markdown before it is added to the Clearance Group.

Figure 2-6 Add Markdown Summary Page

Confirm the markdown settings and click on Finish or select Submit or Approve from the Finish drop down menu. You are returned to the Clearance Group screen. Your new markdown events are listed in the Item Markdowns table.

Note:
The Summary Page also allows individual markdowns to be removed before they are added to the Clearance Group.

Review and Resolve Conflicts

Whenever a clearance is approved, it will be subject to the conflict checking process. A clearance markdown may also be subject to conflict checking when it is submitted, depending on the system option settings. This ensures that invalid prices, or prices out of alignment with your pricing strategy, are not sent down to the selling solutions.

When a conflict occurs for a markdown you attempted to submit or approve, you will receive a notification. The notification allows you to navigate to the clearance group of the price event with the conflict. When viewing the clearance group with one or more conflicts an icon will be displayed at the clearance group, item, and markdown levels to help you see which had the issue. Clicking on the icon at any of these levels will take you to a page to view more details about the conflict. After identifying the cause of the conflict, you can make adjustments to either the current price event that you are trying to approve, or to the other event which conflicted with the current price event to resolve the conflict.

Add Additional Markdowns to an Item

Additional markdowns for items already on markdown can be added to a clearance group through the Clearance Group page. For example, you might do this in order to add subsequent markdown to item/location combinations such that you can see each markdown level (for example, first, second, and so on) in the same group.

Perform the following procedure to add a Markdown:

Perform a search for the clearance group that you want to update. See Search for a Clearance Group.
From the search results pane, select the clearance group for which you want to add a markdown. and select Edit from the Actions menu. The Clearance Group page appears.

Figure 2-7 Clearance Group Page

From the Clearance Group page, highlight the item markdown in the Item Markdowns table to which you want to add an additional markdown and select Add Next Markdown from the Action menu. The Add Next Markdown pop-up appears.

Figure 2-8 Add Next Markdown Pop-Up

Table 2-4 Add Markdown Fields

Field	Description
Markdown	The Markdown field contains a predefined identifier for the Markdown to describe what the new markdown represents in the clearance lifecycle. For example, this could be first, second, final, and so on. This field can be left blank, if not required by a system option setting.
Effective Date	The date on which the clearance is set to take effect. You have the option to key in a date or select one using the calendar widget.
Value	The Value field provides the options that derive the new retail price. If a system option default has been defined, a value will be automatically added for your event. But this can be changed, if desired. Options are: Percent Off: A percent is defined in the change value field that subtracts from the retail price to determine the new retail. Amount Off: An amount is defined in the change value field that subtracts from the retail price to determine the new retail. Fixed Price: The item is at a specified retail that is defined in the change value field. Note: A rounding rule may impact entered retail. After selecting the change type, you will enter the actual value for the change. This field is required entry for every change type. The field supports up to four decimal places for Percent Off value. For Amount Off and Fixed Price decimal placement is based on currency of selected locations.
Reason	The date on which the markdown is set to take effect. You have the option to key in a date or select one using the calendar widget.
Rounding Rule	The Rounding Rule field provides the ability to smooth retails for an item or location. If a system option default has been defined, a value may be automatically added to your event. But, this can be changed or removed, if desired.

Once values are specified, click Apply, Submit, or Approve. The Add Next Markdown pop-up closes and you are returned to the Clearance Group page.

Add Additional Markdowns to a Location

Additional markdowns for locations already on markdown can be added to a location through the Clearance Group page. For example, you might do this in order to add subsequent markdown to item/location combinations such that you can see each markdown level (for example, first, second, and so on) in the same group.

Perform the following procedure to add a Markdown:

Perform a search for the clearance group that you want to update. See Search for a Clearance Group.
From the search results pane, select the clearance group for which you want to add a markdown. and select Edit from the Actions menu. The Clearance Group page appears.

Figure 2-9 Clearance Group Page

From the Clearance Group page, highlight the location markdown in the Locations for Item table to which you want to add an additional markdown and select Add Next Markdown from the Action menu. The Add Next Markdown pop-up appears.

Figure 2-10 Add Next Markdown Pop-Up

Table 2-5 Add Markdown Fields

Field	Description
Markdown	The Markdown field contains a predefined identifier for the Markdown to describe what the new markdown represents in the clearance lifecycle. For example, this could be first, second, final, and so on. This field can be left blank, if not required by a system option setting.
Effective Date	The date on which the clearance is set to take effect. You have the option to key in a date or select one using the calendar widget.
Value	The Value field provides the options that derive the new retail price. If a system option default has been defined, a value will be automatically added for your event. But this can be changed, if desired. Options are: Percent Off: A percent is defined in the change value field that subtracts from the retail price to determine the new retail. Amount Off: An amount is defined in the change value field that subtracts from the retail price to determine the new retail. Fixed Price: The item is at a specified retail that is defined in the change value field. Note: A rounding rule may impact entered retail. After selecting the change type, you will enter the actual value for the change. This field is required entry for every change type. The field supports up to four decimal places for Percent Off value. For Amount Off and Fixed Price decimal placement is based on currency of selected locations.
Reason	The date on which the markdown is set to take effect. You have the option to key in a date or select one using the calendar widget.
Rounding Rule	The Rounding Rule field provides the ability to smooth retails for an item or location. If a system option default has been defined, a value may be automatically added to your event. But, this can be changed or removed, if desired.

Once values are specified, click Apply, Submit, or Approve. The Add Next Markdown pop-up closes and you are returned to the Clearance Group page.

Use Quick Create

Quick Create provides an alternative method for creating a markdown. It is best suited for small sets of items and locations - such as a single item in one or two zones. Perform the following procedure to create a clearance using this function.

From the Pricing Tasks list, click the Quick Create icon.

Figure 2-11 Quick Create Icon

The Quick Create pane appears.

Figure 2-12 Quick Create Pane
From the Quick Create pane, select Clearance from the Quick Create drop down list.

Enter information for the following fields:

Note:

Fields marked with an Asterisk are required. Fields marked with a double asterisk means that one of the fields needs to be entered.

Table 2-6 Clearance Quick Create Fields

Field	Description
Group Description	This field allows for entry of a description that will be used to create a new clearance group.
Markdown	The Markdown field contains a predefined identifier for the Markdown to describe what the new markdown represents in the clearance lifecycle. For example, this could be first, second, final, and so on. This field can be left blank, if not required by a system option setting.
Item	The Item field is active if you select Item in the Add Items by field. Click the magnifying glass to search for an item to add to the markdown.
Diff	The Diff field allows for entry or selection of a single Diff Value. You have the option to use the list of values to search on Diff Type to find the Diff value.
Zone	The Zone field allows for entry of a zone within a single zone group. You may enter a single zone or multiple zones. If multiple zones are entered a semicolon is used to separate values. Note: Either a Zone(s) or Location(s) must be entered, but not both.
Location	The Location field allows for entry of a location. You may enter a single location or multiple locations. If multiple locations are entered a semicolon is used to separate values. Note: Either a Zone(s) or Location(s) must be entered, but not both.
Effective Date	The date on which the clearance is set to take effect. You have the option to key in a date or select one using the calendar widget.
Change Type	The Change Type field provides the options that will derive the new retail price. There is a system option default that may display for the Change Type if it exists. The default value can be overridden. Change Type options are: Percent Off: A percent is defined in the change value field that subtracts from the retail price to determine the new retail. Amount Off: An amount is defined in the change value field that subtracts from the retail price to determine the new retail. Fixed Price: The item is at a specified retail that is defined in the change value field. Note: A rounding rule may impact entered retail.
Change Value	The Change Value field contains the change by percent, change by amount, or fixed price value depending on the change type selected.
Rounding Rule	The Rounding Rule field provides the ability to smooth retails for an item or location. If a system option default has been defined, a value may be automatically added to your event. But, this can be changed or removed, if desired.
Reason	The Reason value defines the reason the markdown is being created. If a system option default has been defined, a value may be automatically added to your event. But, this can be changed or removed, if desired.

Once you have entered all information for the newly created price change record, click Apply, Submit, or Approve. The new clearance is created.

If you select Apply, the Clearance Group will be opened so that you can review and approve the event from that page. Otherwise, the event is created and subjected to submit and approval validations in the background.