Pricing Features and Functions
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- Price and discount table corresponds to individual suppliers and items
- Automatic update of an item's record based on the item's most recent purchase price
- Orders may be discounted manually or automatically based on the order line
- Price adjustments such as quantity discounts are determined from a grade table
- Vendor price may be changed for a product class in multiple vendor agreements
- Pricing and discounting tables include effectivity dates
- Suppliers may be chosen manually on the basis of best pricing or discounting
- Suppliers are chosen automatically on the basis of best pricing or discounting
- Automatically updates prices and discounts based on a percentage or fixed amount
- Price rounding determined by established rates
- Calculates PO price by searching price tables
- POs may be generated in any currency
- View "hedge" contracts and adjust exchange rates on an order basis
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Purchasing Management Features and Functions
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