Vendor Contract Pricing Setup

To set up the pricing for vendor items:

1. Select the vendor from either the Vendor Contracts form or the Vendor Contract Prices form. If you are on the Vendor Contracts form, click Pricing to link to the Vendor Contract Prices form.
2. Select the item to price.
3. Status is set to Approved by default. If the new pricing is for a vendor contract price that is not yet approved, select Pending in the Status field. It can be approved later using the Approve button on this form or using the Change Vendor Contract Price Status Utility.
4. Enter the effective date of the price.
5. Enter the landed cost charges: freight, duty, brokerage, insurance, and local freight.
6. You can create up to five price breaks for the item. Enter the quantity of the price break in the Break Qty field.
7. Enter the unit price. This value is based on the base unit of measure for the vendor, not the item.
8. Repeat these steps for each price break you want to create.
9. When you have finished creating the prices, click Save.