On January 4th 2011 the VAT rate increases to 20% and if you want to maintain your current margins on products that are subject to VAT, you will need to increase your prices by 2.5%.

On a manual system this will be a very time consuming process

All price tickets will need to be removed
Your till will need the VAT rate changed
You will need to work out a new price for each product you sell
Each product will need a new price ticket to reflect the price change
The new prices will need to remembered at the till point

On a Reposs Core System this is a quick and simple process

You select stock price change and highlight Vatable Products
Increase prices by 2.5% and the system will automatically update all prices
Any item that has been highlighted as a Price Marked product will not change price in this process
Select highlighted products and print shelf edge labels
Put shelf edge labels out on shelves