Standard Prices

Standard pricing information is based on the item's unit of measure.

The standard price may be entered as a basis and multiplier, a set price or a change %. The valid options for basis for standard price are List Price or Manual Cost.

All of the item's valid pricing unit of measures are displayed, from smallest to largest. Up to seven lines of standard prices can be displayed at one time.

Fields

In the Suggested Standard Price section of the screen you can enter the following:

1. Standard Price

If you are creating a set suggested standard price, enter the price. You can also press F4 to backup to the Basis field, or press F1 to skip the standard set price and advance to the Change % field.

2. Basis

If you selected F4-backup, the system displays the basis options. You can select from L—Use List Price as Basis or M—Use Manual Cost as Basis.

3. Multiplier

If you are entering the suggested standard price as a basis and multiplier, enter the multiplier for the suggested standard price. The system automatically calculated and displays the new suggested standard price.

4. Change %

Enter the percent change for the new suggested standard price. The system automatically calculated and displays the new suggested standard price.

5. (Optional) Comm %

Enter a commission percent.
A Sales Order Static F/M flag determines whether this flag is available throughout the costing/pricing subsystem. If the flag is turned off, the system does not give you the option to enter the commission %. If the flag is turned on, each cost/price you create will require you to enter a commission %. When entering the commission %, you also have the option to set it to "no priority" (which leaves the field blank), indicating that commission is not generated based on the price being set up. (If the item is set to "no priority", any commission % entered in the pricing system will be ignored).

6. After you enter the standard pricing information, the system displays the line in the standard price section of the screen. You can select from the following options at the command prompt in the lower portion of the screen:

E—Enter a new effective date.

L—Enter a new list price.

M—Enter a new manual cost.

P-Enter price levels.

Q—Enter quantity breaks.

Line #--Enter the standard suggested price line to edit. (All of the item's valid pricing unit of measures are displayed, from smallest to largest. Up to seven lines of standard prices can be displayed at one time.)

D—Delete by selecting from the following: L--Suggested list price, M—Suggested manual cost, S— Suggested manual price for the selected unit of measure.

F1—Display the next item on file.

F3—Set the scope.

F4 Backup to the standard pricing fields.