# Prices update

## Context

MobiliaPro has made an update on the price of corner sofas. A 5% increase has been announced.\
As a result, Alice is also reviewing the selling prices of the corner sofas with a 5% increase.

### Implementation in Simax&#x20;

To update the supplier prices, go to **Files > Prices > Supplier price update**. After modifying the percentage, click on **\[\[Update]]**.

<figure><img src="/files/L0S70aJTrmQKmXInz6VI" alt=""><figcaption></figcaption></figure>

After the update, the price increased from 550 Euros to 577 Euros.

<figure><img src="/files/CAlNv2pCAtFbN9UXRUaG" alt=""><figcaption></figcaption></figure>

Due to this change in the supplier price, an update of the selling prices is necessary. To do this, go to **Files > Prices > Item price update**. After modifying the percentage, click on **\[\[Update]]**.

<figure><img src="/files/1jrxXge1hpTxSYVLIbTj" alt=""><figcaption></figcaption></figure>

After the update, the selling price increased from 899 Euros to 943.95 Euros.

<figure><img src="/files/gO5rc2oGy0C35bnDDgAL" alt=""><figcaption></figcaption></figure>

For the professional and reseller prices, they need to be reviewed according to the categories by going to **\[Sales]**, **\[\[Prices]]** and **\[\[Modify]].**


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