Procurement provides flexibility when defining pricing. Setting up procurement pricing enables you to price items by using a procurement pricing structure, and enables you to streamline pricing set up and maintenance. You can easily adjust prices for each purchase order, and then combine the adjustments into a pricing structure or schedule. In EnterpriseOne Advanced Pricing, price set-up is based on the quantity, weight, or amount of an item that is entered on an order. Pricing can also be based on quality attributes of the product that is purchased.
Verify that the pricing hierarchy is defined in Preference Hierarchy (P40073) application. Select the Pref Type 51 Base Price and review.
When you enter a purchase order, the system retrieves the unit cost for the item based on characteristics such as the branch/plant, the supplier, the quantity, and the item, or a contract. Before the system processes any type of advanced price adjustment to the purchase order, it must first retrieve the unit cost. Depending on the purchase price level for the item, the system retrieves the unit cost from either the Supplier Price/Catalog file (F41061) table or the Item Cost (F4105) table. After the system retrieves the unit cost, it verifies that Advanced Procurement Pricing is active. Quality attribute pricing is a quality level-break adjustment. Therefore, for quality level-break type adjustments, the system will not process adjustments that use the quantity, weight, or amount entered for the order. If Advanced Procurement Pricing is active, the system bypasses the standard price adjustments that you set up in procurement and searches for applicable schedules and adjustments in advanced pricing.
To enter a credit order, use a line type for which the Reverse Sign Flag is set to Y in the F40205 table. The system stores all credit prices in the F4106 table.
The minimum or maximum price adjustment enables you to adjust the unit price of a particular item, customer, item group, customer group, or combinations of these. The sequence of the minimum or maximum price adjustment on the adjustment schedule determines what the price will be at that point in the schedule.