1 There are number of ways to set pricing for a item. In this tutorial we are use the simplest method. We are going to set a simple sales and purchase price for an items at product level. The first step click the menu on the right hand side
2 When the menu opens click on the modules section. In the list which expands click on the Product information management menu option
3 The product management workspace is now displayed. In this screen we are navigating to the products sections and we will click the Released products menu option
4 This screen displays all the released products in the system. Lets look at item 1000. Click on the Item number column to open the product screen
5 In the product screen which is open there are a number of sections. We are interested in Sales and purchase sections. Review the price in the purchase section. Scroll down and review Price
6 Now scroll down to the sales section. Under based sales prices 10 dollars is displayed. I know it's dollars at the default current for the supplier is dollars
7 Now lets change the pricing. Scroll up to the top of the page and click the edit button on the blue menu bar. This will open the product for editing
8 Navigate back to the purchase section and enter a price
9 In this section we enter a base purchase price for the item. When we create a purchase order and add this item as purchase line. This is the base price of the item which we will purchase the item for.
10 Next scroll down enter a base sales price.
11 In the base sales prices I am going to enter 1000. This means than when we create a sales order this is the cost of the item to the customer.
12 Now we have finished entering our pricing lets save our sales order. Click Save or use the hotkeys (Alt+S) to save our product and it's new pricing
13 Click Close or (Esc) to exit the product screen
14 Now lets test create a sales order to test our changes in a sales order. Let click the menu on the right hand side again and choose the Accounts receivable workspace
15 We are not in the account receivable work space. Click All sales orders menu option under the orders menu
16 This screen displays the list of sales orders. Click New, (Alt+N) to create a new sales order
17 In the panel which opens on the left select a customer account, ideally for this example lets pick a US customer. I've picked US-001, once this is selected Click OK, (Alt+Enter) to create a new sales order
18 Now the sales order screen is displayed lets enter our product in the sales order lines below
19 In the Item Number cell, click no the item header to search for the Item number which we have changed. In this case the item is 1000 as per the previous steps. Select the item in search results
20 Now the item has been added to the sale order. Scroll right and check the Unit price. It is now displaying the 1,000 USD which we have entered for the sales price of the item.
21 Click highlight
22 Click Save or (Alt+S) to save our sales order. Now lets investigate where our sales price has come from.
23 When a line has been highlighed in the sales order lines, click the Financials menu on the top of the grid. This opens a financials sub menu
24 In the drop down menu click on the Find prices options , this will open the pricing screen
25 On this screen we can review the Sales price and where it has come from. We can see that the price has come from a value on the product information and not a trade agreement
26 We can also see the purchase price.
That's all from creating simple prices on the item card.