In material and service purchases, the prices from vendors, discounts for purchases exceeding certain amounts, the payment conditions to be applied to prices and the delivery times are recorded on a separate price card generated for each material.

Likewise, in sales transactions, the price bids to the customers, discounts for purchases exceeding certain amounts, the payment conditions to be applied to these prices and the delivery times are recorded separately for each material and service.

Defining this information decreases the data entry error rate and provides data security by allowing the selection of defined prices in purchase transactions and applying them automatically to the transaction.

Material/Service purchase and sales prices are recorded from the Purchasing and Sales Management section and through the material/material classes/Services list. 

The following steps are followed to access Material/Material Class purchase and sales prices through the material management section.

  1. On the related record on Material/Material class lists
  2. Click Attached Records on the sub-menu
  3. Click the Purchase Prices or Sales Prices option on the menu that opens.
  4. The Material/Service Purchase or Sales Prices list will be displayed.
  5. Click the “New” option, and enter price information.

For further information, see Purchase/Sales Management > Material/Material Class/Service/Material Set Purchase and Sales Prices.