This procedure may be used to set up Vendor Pricing for an Inventory Item. If vendor pricing is set up for an item, the pricing on a purchase order will default to the price entered here.
Before you begin setting up an Vendor Pricing for an Item, make sure the item has been added to the Inventory Master File.
- Add Inventory Item to Inventory Master File.
- From the Inventory Main Menu, click Inventory Master File.
The
Item Master screen displays. - Enter an Item Number, and then press Tab.
- Click the Vendor Pricingtab.
- Click the Add New button to add a line to the Standard Prices for Inventory grid.
- Type the Vendor Number in this field, or use the Find feature to locate the Vendor Number, and then press Tab.
- The Description defaults from the Vendor Master File.
- Enter the Price for the product, and then press Tab.
- Select or verify the Unit Of Measure for this product, and then press Tab. The system defaults the Unit of Measure based on the Inventory Item Unit of Measure, if entered.
Note: The Unit of Measure of the item in Inventory might be different based on how the item is ordered. An example would be Bleach that was set up with a Unit of Measure of a Gallon, but must be ordered by the Case from the Vendor.
- Enter the number of Units Per Pkg, and then press Tab.
An example would be Bleach that is bought from the Vendor in a case and the case has 8 gallons. Enter 8 as the Units per Pkg for a case of Bleach.
- Enter the Vendor Product Code, and then press Tab.
- Enter any Notes pertaining to the Vendor Pricing record, and then press Tab.
- Click Close to save the record.