Vendor Product Pricing

Introduction

This article will explain how the vendor pricing module helps you set up product pricing by vendor, which makes creating purchase orders easier and more accurate.

Set up vendor pricing

Using the more menu, select the vendor pricing module.

The vendor pricing module allows you to set up prices for a certain period and volume. Prices can either be created manually, or by importing data from excel.

The vendor pricing module shows all information relevant to create purchase orders. As soon as a vendor product price is created, it also shows the lead time, vendor product code and description, minimum order quantity and packaging unit from the vendor product module.

To setup prices it is required to enter a from quantity (1), price (2), currency (3) and start date (4). An end date (5) only is required if prices in future are being created. The module shows vendor product code and description (6) and product order and delivery information (7).

As soon as a Purchase order is created ParagonERP calculates the price based upon transaction date and order line quantity (1). It also calculates the requested date (2). ParagonERP takes the transaction date as starting date and adds the lead time to calculate the requested date. Note, lead time is in working days, and the order header shows the latest requested date.

To allow easier communication with your supplier, the vendor product information is also shown (3, 4 and 5).

What's next?

If you want a refresher on creating vendors and products, check out these articles.

Creating a vendor

Creating a product