Material Base Prices (tcmpr0140m000)

Use this session to view, specify, and update material base prices for a price list or business partner, and item.

Note

Leave fields blank if the material base price must apply to all items or business partners. For example, if you leave the Item field blank, the material base price applies to all items.

 

Material

The substance of which an item is composed, such as wood, nylon, copper, and gold.

Business Document Module

Specify if the material base price is used in Procurement, Sales, or both.

Price List

List of default prices and discounts for customers and suppliers. You can link price lists to items and item groups, and to sold-to and buy-from business partners.

Note

If a price list is specified, you cannot specify a business partner in the current session. The material base price then applies to all buy-from or sold-to business partners that have the price list linked in the Buy-from Business Partners (tccom4520m000) or Sold-to Business Partners (tccom4510m000) sessions.

Sold-to Business Partner

Usually a customer's purchase department, the business partner who orders goods or services from your organization, that owns the configurations you maintain, or for whom you perform a project.

The agreement with the sold-to business partner can include the following:

  • Default price and discount agreements
  • Sales order defaults
  • Delivery terms
  • The related ship-to and invoice-to business partner
Note

If a business partner is specified, you cannot specify a price list in this session.

Ship-to Business Partner

The business partner to which you ship the ordered goods. This usually represents a customer's distribution center or warehouse. The definition includes the default warehouse from which you send the goods, the carrier who carries out the transport, and the related sold-to business partner.

Note

If a business partner is specified, you cannot specify a price list in this session.

Buy-from Business Partner

The business partner from whom you order goods or services; this usually represents a supplier's sales department. The definition includes the default price and discount agreements, purchase-order defaults, delivery terms, and the related ship-from and invoice-from business partner.

Note

If a business partner is specified, you cannot specify a price list in this session.

Ship-from Business Partner

The business partner that ships the ordered goods to your organization. This usually represents a supplier's distribution center or warehouse. The definition includes the default warehouse at which you want to receive the goods and if you want to inspect the goods, the carrier that takes care of the transport, and the related buy-from business partner.

Note

If a business partner is specified, you cannot specify a price list in this session.

Item

In LN, the raw materials, subassemblies, finished products, and tools that can be purchased, stored, manufactured, sold, and so on.

An item can also represent a set of items handled as one kit, or exist in multiple product variants.

You can also define nonphysical items, which are not held in inventory but can be used to post costs or to invoice services to customers. The following are examples of nonphysical items:

  • Cost items (for example, electricity)
  • Service items
  • Subcontracting services
  • List items (menus/options)
Note
  • The item type can be Manufactured, Purchased, List (kit), or Generic (assembly).
  • If an item group is specified, you cannot specify an item in this session.
Effective Date

The first day on which a record or a setting is valid. The effective date often includes the effective time.

Expiry Date

The last date on which a record or a setting is valid. The expiry date often includes the expiry time.

Base Price

The fundamental price of a material, which is used as a basis for computing material price surcharges.

For materials with fluctuating prices, material base prices prevent high material surcharges and ensure realistic initial prices.

Example

For the item Copper Wire with Plastic Coating, the major part of the price includes the copper price. The minor part of the price includes the costs of the plastic coating and the production costs for coating the copper wire with the plastic.

If one meter of plastic coated copper wire costs $8.00, the price parts would be as follows:

  • One meter of copper wire (1 kg) = $6.978
  • Plastic coating = $0.422
  • Production costs = $0.600

To prevent the initial price being low with only $1.022 and the (variable) material price surcharge being high with $6.978, you can specify an (approximate) material base price for copper of $6.500. As a result, the initial price is $7.522 (0.422 + 0.600 + 6.500) and the material price surcharge is $0.478 (6.978 - 6.500), which represent more realistic figures.

Default value

The Base Price field in the Materials (tcmpr0110m000) session.

Currency

The currency in which the material base price is expressed.

Default value

The Currency field in the Materials (tcmpr0110m000) session.

Price Unit

The material's price unit.

Note

An approved conversion factor must exist between the Price Unit in this session and the Quantity Unit in the Materials (tcmpr0110m000) session.

Default value

The Price Unit field in the Materials (tcmpr0110m000) session.

 

Only Effective Base Prices

If this command is marked, only the effective material base prices are displayed.