List/Discount and Best Pricing Models
For greater flexibility, there are three pricing models based on price lists: best pricing, list/discount table pricing for suppliers, and list/discount table pricing for customer schedules and RMA receipts. These models are represented by submenus on the Pricing and Discount menu (1.10).
• Use price lists based on the best pricing model for sales orders, sales quotes, and issue lines on Service/Support Management (SSM) return material authorizations. Set up these price lists in SO/SQ/RMA Issues Pricing Menu (1.10.1).
• Use price lists based on the list/discount table model to create price lists that are assigned to suppliers, default to new purchase requisitions, blanket orders, purchase orders, and supplier schedule orders, and cannot be specified in customer scheduled orders or RMA credit price lists. Set up these prices in Supplier Pricing Menu (1.10.2).
• Use price lists based on the list/discount table model to create price lists that are assigned to customers; default to new customer scheduled orders and RMA receipt lines; and cannot be specified in global requisitions, purchase orders, blanket purchase orders, or supplier scheduled orders. Price lists can also be created here for use by the Forecast Simulation module in the Detail Forecast Report. Set up these prices in Cust Sched/RMA Rcpt Pricing Menu (1.10.3).
Note: QAD Standard Edition does not have separate functions for suppliers and customer schedule orders/RMA receipts. Instead they are combined in the PO/RTS/Sched/RMA Rcpt Price Menu (1.10.2).
Best Pricing Determination Examples
The following factors are considered by the best pricing model:
• Promotional Discounts are applied when competition is an important factor
• Special Discounts are used in association with trade shows, or other special situations
• Geographic Area Discounts are special discounts based on location
• Price Breaks apply to single or combined orders based on quantity or currency amount
• Minimum Price provides the lowest acceptable price, regardless of discounts
• Cooperative Marketing based on sales volume, can be used to accumulate points or currency amounts (accruals); rebates for marketing product based on percentage
• Discounts From Suppliers are passed on from suppliers to customers
• Best Pricing is used for large-volume customers who require the best price possible
• Credit and Freight Terms are specific terms applied to orders when qualifying criteria are met
• Exclusive or Combined Discounts can be designated exclusive or combinable with other discounts
Best Pricing Users
Pricing Information in Sales Orders and Purchase Orders
Header
The header frames include the generic pricing information which applies to the entire order.
Line Items
The line item frames include all individual items on the order and any pricing information specific to line items.
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