SA Administrator Options - Products - Pricing field descriptions

Enable Price Types

Indicate which price types you want to use. These options determine which price types you can set up when defining the customer’s pricing record in PD Pricing Setup. You do not have to use all price types. Only set up the price types that your company uses. Your options are:
  • Customer/Product
  • Customer Type/Product
  • Customer
  • Customer Type
  • Product
  • Product Price Type
  • Customer/Product Price Type
  • Customer/Product Line
  • Customer/Product Category
  • Customer/Rebate Type
  • Customer Type/Product Price and Rebate Type

You must select Customer/Product Price Line TypeCustomer/ProductCustomer/Product Price Line Type before you can select , Customer/Product Category, or Customer/Rebate Type.

Note:  Because the number of price types you select affects Sales Order Entry performance, only set up the price types that your company uses. All selected price types are checked, even if you do not use them. The fewer options you select, the faster Sales Order Entry can process pricing inquiries.

Options

Pricing By Division Group

Select this option to create PD Pricing Setup and PD Pricing Sheet Setup records for division groups. You can set up pricing records for warehouses in a group of divisions with a similar pricing structure with a blank warehouse to control the pricing for all such warehouses. Pricing by division groups is an alternative to pricing by regions, where you have some warehouses that should not share pricing records. This allows you to create a single price record or pricing sheet record that is applied to sales orders in multiple warehouses instead of creating a price record for each warehouse.

Pricing By Region

Select this option if to create pricing records for regions in PD Pricing Setup and PD Pricing Sheet Setup.

In the pricing level hierarchy, region falls between the warehouse or company levels. If you enable regional pricing functionality, you can still set pricing records by warehouse but an individual record can only be set at one level.

To use the region functionality, you must set up regions in SA Table Code Value Setup. Optionally, you can specify the region in which a warehouse is located in Product Warehouse Description Setup-General.

Pricing By Ship To/Job

Select this option to display the Ship To/Job field in the customer’s PD Pricing Setup record. This enables you to record the ship to and job for these price types:

  • Customer/Product
  • Customer/Product Price Type
  • Customer/Product Line
  • Customer/Product Category
  • Customer
Pricing By Warehouse

Select this option to create PD Pricing Setup, PD Special Price Type Discount Setup, and PD Whole Order Discount Setup records for warehouses that require a unique pricing structure to be competitive. You can set up pricing records for warehouses with a similar pricing structure with a blank warehouse to control the pricing for all such warehouses. Alternatively, you can set the base prices, price types, list prices, and costs for each individual warehouse.

Note:  After you establish Pricing and Discounting records by warehouse, do not change this option. Maintaining individual warehouse records makes the pricing system larger and more cumbersome to maintain. Because costs, list prices, base prices, and price types are stored at the warehouse level, warehouse-level Pricing and Discounting records are often unnecessary.

If you do not select this option, pricing by warehouse is not supported, and the Product Warehouse Description Setup record is ignored.

  • Example:
  • There are four warehouses. Three warehouses maintain a similar pricing structure for a product. One warehouse needs specific pricing to remain competitive in their market. You can specify the warehouse on the PD Pricing Setup, PD Special Price Type Discount Setup, and PD Whole Order Discount Setup records for the fourth warehouse to reflect the special pricing required.
  • The pricing records for the warehouses with a similar pricing structure can be set up with a blank warehouse to control the pricing for all three warehouses. You can also use the base prices, price types, list prices, and costs at the warehouse level. Do not change this option after you have established Pricing and Discounting records by warehouse.
Promotional Pricing

Select this option to use promotional pricing. Promotional pricing is only valid with the Product and Product Price Type. If you are not using these price types, you cannot use promotional pricing. If you are using these price types, you can designate Product or Product Price Type customer pricing records as promotional.

In Sales Order Entry, promotional records are checked in price types Product and Product Price Type first for a valid price before starting with price type Customer/Product. After the promotional price has been determined,the normal price is calculated. The normal price is determined starting with price type Customer/Product. The two prices are then compared and the lowest price is defaulted into the Price/Discount fields in Sales Order Entry.

Rebate Sub Type

Select this option to allow rebate sub types to be specified on these pricing records in PD Pricing Setup and PD Mass Maintenance Entry:

  • Type 2 Customer/Product Rebate
  • Type 4 Customer Type/Rebate Type

Pricing records with rebate sub types are included in the pricing hierarchy that is used for system pricing. Type 2 and Type 4 pricing records with a rebate sub type are higher in the hierarchy than Type 2 and Type 4 pricing records that only include rebate types.

Special Price Type Discounts

Do not select this option if you do not use price group discounts. PD Special Price Type Discount Setup records are used in Sales Order Entry to calculate new line item discounts. All line items with the same product price type are added together to qualify for a better discount. This occurs at the end of each order and each time a line is changed that affects the discount.

If you change the setting of this option, open orders are posted out-of-balance to General Ledger during invoice processing.

Use Rebate Pricing Records Before Price Type

Select this option to override the standard pricing hierarchy to prioritize Type 4 rebate records over Type 4 Product Price Type records.

These Type 4 rebate records are used before the Type 4 Customer Type/Product Price Type records:

  • Customer Type/Rebate Sub Type
  • Customer Type/Rebate Type

Use the Level 2 Pricing Hierarchy Override Hierarchy list to override the pricing hierarchy for Level 2 pricing records.

See Pricing hierarchy with rebate types before price types.

Use Sales Cost

Select this option to use sales costs as the product cost on sales order lines. Sales costs are based on your vendor contracts, and can be set up on Level 1-4 PD Pricing Setup records. A sales cost is used when a line is priced by a pricing record with a sales cost.

Vendor Product Pricing

If you use PD Pricing Setup for vendor pricing, select this option. The vendor's prices are your costs. They are used to calculate quantity discounts that are recorded with the Product Warehouse Product Setup quantity break order method. Vendor product pricing is used to set up special product prices and discounts to be used in Purchase Order Entry and by the Purchase Entry Recommended Replenishment Action Report.

Level 2 Pricing Hierarchy

To select an alternate pricing hierarchy for Level 2 pricing records, click and hold a pricing type in the Override Hierarchy selection table and drag it to the desired position. When you click Save, the order in the Override Hierarchy list is the new order in which Level 2 pricing records are applied to an order line's price in Sales Order Entry.

Use the Default Hierarchy list as a reference only. This list represents the default order of the Level 2 pricing records. It cannot be modified.

Note: All four Level 2 price types are displayed in the Override Hierarchy list even if you did not select all types in the Enable Price Types section.

Defaults

Last Available Price Record Used

This value is used to determine the next available number for a pricing record. Each time you create a pricing record, a search for the next available record is performed starting with the value in this field. You can specify a value, but it is not required. When you create a new pricing record, the number of the record updates the field when you save the record.

Price Rounding

Price rounding is used whenever prices are calculated from base price, list price, or cost figures. The value selected in this field works in conjunction with the Pricing Target in PD Pricing Setup. Indicate whether to round the price, up or down, to the pricing target amount, or nearest, up or down, depending on which is nearest to the pricing target. Sales Order Entry uses the Pricing Round in PD Pricing Setup to determine how to round the price.

Select the most common price rounding calculation that you use. It is used as the default setting for the Round field on each new PD Pricing Setup record.

Price Target

There are several values available for the default Price Target. Each target specifies the format of the price displayed in Sales Order Entry. This option works with the Price Rounding option to round the price up, down, or nearest to $100, $10, $1, or out to five decimal positions. Select .00001 for exact pricing. Because the Price field in Sales Order Entry and the default price target .00001 extend to the fifth decimal position, the exact price is calculated without rounding. If you select User, you must specify a User Target amount in PD Pricing Setup. This is an example of how price targets work when you select Nearest for the Price Rounding option:

Price Price Target value Price result
$135.87629 100 $100.00
$135.87629 10 $140.00
$135.87629 1 $136.00
$135.87629 .1 $135.90
$135.87629 .01 $135.88
$135.87629 .001 $135.876
$135.87629 .0001 $135.8763
$135.87629 .00001 $135.87629

Select the most common price target that is used. It is used as the default setting for the To field in the Extended section on each new PD Pricing Setup record.