Pricing and Discounting Features and Functions

• Manual discount entry for single items or for invoice as a whole


• Discount templates by product family


• Discounts are based on amount, applied by header, or associated with contract lines


• Promotion discounts can be associated with products or product groupings


• Assigns begin-by and end-by dates for promotional discounts


• Discount cascade rules


• Standard discounts associated with specific customers and items


• Discounts and prices can be assigned during order entry or during invoicing


• Specifies type of order discount


• Billing terms applied to entire order or to individual line items


• Management review necessary where price is less than cost


• Applies established sales order discounts to back orders


• Automatically calculate and track discounts at the total bill level or individual line level


• Maintain discount history with effective dates


• Manage combined discount programs


• On-line display of discount on invoices and on customer orders or requests


• Override automated discount with appropriate controls


• Specifies pricing and invoice variables online


• Manual override for unit selling prices


• Unique quote requirements


• Provides standard list prices


• Pricing hierarchies based on item and customer parameters


• Multilevel pricing structures


• Associates multiple prices and costs with each item


• Quantity discounts can be defined according to item category, weight, order quantity, or total price


• Associates price ranges with each item


• Establishes pricing in multiple currencies


• Item pricing can be done by currency, unit of measure, formula, and percentage of current price or cost


• Pricing choices down to customer add-to, ship-to, or parent level


• Entry fields for product options


• Pricing effectivity dates


• Combines and coordinates pricing lists


• Calculates price breaks according to item order quantity


• Calculates price breaks per item, according to item's year-to-date dollar amount ordered


• Customizable correlation between price and cost


• Tracks date of last cost adjustment


• Lists items suitable for substitution of out-of-stocks


• Pricing can be done using the price of the original or a substitute item


• Manual overrides of calculated unit cost


• Manual pricing overrides


• Establishes price adjustment categories


• Manual adjustments to prices that are associated to predefined G/L accounts


• Prices specified in each order line item may be manually adjusted more than once


• Flags instances of below-cost price overrides


• Allows zero-cost items


• Price list additions


• Generates new price lists with user-defined effectivity date


• Discounts and price list updates and copies are applied to the whole system


• Associates free goods with order lines


• Tracks gross margin value for each item


• Tracks all price adjustments for purposes of gross-to-net price reconciliations


• Displays item cost on invoices and customer orders


• Prices can originate from sources such as a price list, a price created manually, a promotion price, a special price, an advanced promotion price, a total price, or a price adjustment


• Automates procedures for establishing prices for standard orders


• Pricing calculation algorithms


• Prices are adjusted online when a configured product in a sales order or a group of sales orders undergoes any type of adjustment


• Displays net profit margin for sales orders and sales order lines


• Calculates price for new products according to gross profit requirements and projected discounts


• Calculates net price after discounts on a customer-by-customer basis


• Generates price list reports of orders that have been invoiced, by product, by customer, or by state


• Maintain history of option cost and price changes