Trade in Microsoft Dynamics NAV-2017 - Locus IT Services

Trade in Microsoft Dynamics NAV

Locus IT ServicesTrade in Microsoft Dynamics NAV

Lesson 4: Purchase Prices

Purchase Prices

Purchase prices are alternative prices for an item based on a combination of item number, vendor, and, optionally, one or more of the following criteria:

  • Item variant
  • Unit of measure
  • Minimum quantity purchased
  • Order date
  • Currency paid

Alternative prices can be set up to support purchasing agents in their goal of always buying at the best price. The best price is the lowest price with the highest line discount available on the order date.

When a purchasing agent creates a purchase order, the program will do the following:

  • Checks whether alternative purchaseprices are set up for the vendor
  • Determines which alternative prices apply based on whether their conditions are satisfied by the purchase header and line details in Microsoft Dynamics Trade training.
  • Selects the best price from among the applicable alternative prices

If an alternative purchase price is selected, the program copies the purchaseprice to the purchase line. Refer to the “Best Price” topic in the online Help for more information about how the program automatically selects the best price from among multiple prices.

If no alternative purchase prices are recorded in the program, or the conditions for applying at least one alternative price are not satisfied, the last direct cost from the item card is copied to the purchaseline instead.

To make sure that opportunities to obtain a better price are not missed, the purchasinginterface also makes purchasing agents aware that alternative prices exist, even if the conditions to apply them cannot currently be satisfied. With one click, purchasingagents can then explore these alternative prices to see how the purchase order and, or line might be changed to qualify for the best possible prices. In this page, a purchasing agent can specify the conditions that must be met before a vendor offers an alternative prices for an item. For example, the conditions can require that a purchase is made in a certain period, or that it meets a minimum order quantity.

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