x Want to participate? Join the group to interact
Options
  • State Not Answered
  • Replies 4 replies
  • Subscribers 52 subscribers
  • Views 2838 views
  • Users 0 members are here
Browse Forums
Announcements
68
topics
93
replies
Customization and Integration
262
topics
822
replies
Financials, Projects, and Administration
382
topics
843
replies
General Discussion
327
topics
836
replies
Installation and Technical Issues
335
topics
1k
replies
Manufacturing, Distribution, and Applications
341
topics
696
replies
Reporting and Analytics
124
topics
484
replies
Cathy Brown

Pricing

Posted By

We are a manufacturing facility using Sage 500.  We have never used the pricing available and we are in the process of re-implementation.   I need better understanding of contract pricing.  If I set up contract pricing for customer X.  How is that information pulled to the Sales Order Entry?  Part of our team is leaning towards BTO kits.  Any experience and thoughts on the two methods.

  • 0

    It has been a while, but Sales order will pull in pricing from the various pricing setups. Shown below is what I believe to be the current pricing hierarchy.

    The pricing returned in sales order should work its way form the top down to the bottom, stopping at the first price it encounters. So, if no pricing is setup through the various methods, then Item Standard Pricing would be the price returned.

    1. Promotion (beginning with version 7.0)
    2. Item - customer address
    3. Item - customer
    4. Item - national account
    5. Product price group - customer address
    6. Product price group - customer
    7. Product price group - national account
    8. Matrix (PPG-CPG) - customer address (customer price group)
    9. Matrix (PPG-CPG) - customer (customer price group)
    10. Base product price group
    11. Customer address price base - plus or minus optional adjustment percent (price sheets or costs)
    12. Customer (main) address price base - plus or minus optional adjustment percent
    13. List price - price sheet
    14. Item - standard price (item only)

    I believe levels 2, 3, 5 and 6 are Contract pricing.

    BTO kits can be useful in the simplest of scenarios, but have their own issues as they are items that are not actually stocked.

    For best results, you may wish to contact your reseller for their advice based upon your needs.

  • 0 in reply to Ramon M.
    Thanks for the info..
  • 0 in reply to Cathy Brown
    Cathy,
    Did that answer your questions? I'm a little confused why Kits are being compared to Pricing - I'm probably just missing what you are trying to achieve. As Ramon mentioned, except for promotional pricing, contract pricing that you set up will be used before any others below it in that list. Specifying a customer, or customer address an item and the related pricing will determine the contract price, but if you want, you can actually see how a price is calculated by right-clicking on a Sales Order line and do a Price Inquiry, or you can use the same functionality and experiment with pricing in the Inventory management module, under the Insights menu, Price Inquiry. It will show you, on the Price Detail tab, which of the heirarchy items applied to come up with that price.
  • 0 in reply to dbcoles
    Yes, I was a bit confused about how your internal discussion moved from pricing options (contract pricing) to BTO Kits, as well. Perhaps if you clarified on the business goal in the pricing mechanism, we can offer more cogent advice as to how to achieve your desired ends.

*Community Hub is the new name for Sage City