Open pricing is used for custom made, market priced, or miscellaneous inventory items that are not priced until the time of purchase. Learn how to use open priced items with Lightspeed Retail, create an open priced item, and sell that item at the register.
Watch our Open Priced Items video below:
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What are Open Priced Items?
To understand how to use open priced items with Lightspeed Retail, let’s define what they are & see some examples.
Open priced items are basic inventory items with no set price. The cashier manually enters a price at the register when selling the item.
Examples of open priced items:
Gift Cards
Gift card purchase amounts vary from sale to sale. Open pricing allows a cashier to enter the exact amount to load onto a card. Additional setup is required to use gift cards at the register. Visit our Integrated Gift Cards article for more information.
Services
Labor costs for repairs, product assembly, moving, and other services vary based on a range of variables. Adding an open priced item for labor or services allows a business to ring up the exact cost required for any job.
Miscellaneous Items
Use open pricing to sell these types of miscellaneous items:
Items with prices that change often, such as market-priced food items
Items with prices that depend on a customer’s needs, such as custom-made items
Items that may not be in inventory individually, such as consignment items
Create an Open Priced Item
Set up an open priced item in BackOffice or at the register so you can sell it to customers.
If creating the item from BackOffice, get updates on the iOS or Android register to sync the new item to the register.
For a more detailed walkthrough of creating a basic item, visit our Add Basic Items article.
Sell an Open Priced Item
An open priced item has no set price, so the cashier enters the price as they ring it up. Use open priced items to sell things like shipping costs, bulk goods, or other miscellaneous items.
