Added to NDS Applications, version 7.5.2
Purchase order automatic pricing is calculated as follows for purchase orders. Prices on purchase orders are calculated and displayed in the currency assigned to purchase order header.
1. When the purchase order line is entered, if the vendor/item combination exists in a vendor quote in program VEQM, Vendor Quote Maintenance, the system will select the correct price for the given quantity and purchase unit of measure.
* The purchase order date must be within the effective dates of the vendor quote for the price or discount to be selected.
* If the purchase order date is not within the effective dates for the quantity break, the base price will be selected.
* The vendor quote must be approved in order for the vendor quote price or discount to be selected.
* If rounding information has been entered on the vendor quote, the selected price will be rounded according to the rounding rules entered on vendor quote. For more information, see the Purchase Price Rounding section.
2. If the vendor/item combination does not exist on a vendor quote in program VEQM, Vendor Quote Maintenance, the system selects the system unit cost from program ICCM, Inventory Cost Data Maintenance.
3. If no unit price can be found for the item in program VEQM, Vendor Quote Maintenance, or program ICCM, Inventory Cost Data Maintenance, the system will use the last purchase order entered for the item.