How does Price Checker work?

How does Price Checker work?

Price Checker provides price comparison for each line item in an approval request based on the inventory list prices as per Xero Products and Services catalogue. It identifies and highlights the price discrepancy by applying color labels to such line items of the request.

This is how you configure the Price Checker feature for your ApprovalMax Organisation: 
1. Set up the Product and Services catalogue (formerly called Inventory) in Xero. 
You can learn more about that in the Xero Central portal.



2. Once the Product and Services catalogue has been set up, you can add items to a Purchase Order or a Bill.
3. If a price discrepancy is detected, such lines will be highlighted with differently colored labels: yellow (less than 5%), orange (5-25%), or red (more than 25%).
The colored Price Checker labels and a pop-up with the price comparison will be displayed in the request preview for Approvers and Reviewers as well as in edit/creation mode for Requesters.









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