The various customer
pricing routines in NEVIS
use information from the Price Master, the Item Master and
the Customer Master files.
The Order Entry application allows the user to define a
step-by-step sequence to compute the price for each item on an
order. Each line
item’s price on an order is calculated in the pricing
routine to obtain the correct price.
When a price is found for an item, the pricing routine
is exited until the next item is ready for pricing.
A
price entered for an item during Order Entry takes precedence
over any other pricing method.
Customer
Number/Item Number
You
can establish a price in the Price Master for a specific
customer for a specific item.
In your business, you can sell an item to most of your
retail customers for the
same price. However,
for a specific customer who buys a large quantity of a certain
item, you could define a specific price.
Customer Type
You
can use this pricing method to calculate special prices for
all customers of a
special type. For
example, you could offer a special to builders.
Customer Type/Item
Number
You
can set up a price in the Price Master for a specific type
customer for a specific item.
In your business you may sell to many types of
customers, such as retailers,
wholesalers, builders or contractors.
You can establish one set of prices for all items
that you sell to wholesalers and another set of prices
for those items to retailers.
Customer
Type/Product Class
You can set up in the Price Master a product class for
a particular customer type.
For customer types such as wholesalers of hardware products,
you may want to
price differently than for wholesalers of
other types of products.
This could be because your business deals mainly with
hardware products.
Product Class
This
method allows you to calculate prices for all items in a
specific product class.
For example, you might offer all hammers at a 20% markup.
Vendor
Number/Customer Type
This
pricing method is offered when one type of customer buys items
supplied by a
particular vendor. For
example, you might use this pricing if you have a vendor who
primarily supplies you with plumbing items.
Your customers in the plumbing
business buy items that are supplied by this vendor.
Vendor
Number/Product Class
In
the Price Master, you can set up a price for a specific
product class that you
purchase from a specific vendor.
Then your customers will be charged that price.
If you buy large quantities of a particular item in a product
class from one vendor,
then you may get a larger than normal discount.
You could use this pricing method to pass the savings
on to your customers.
Break Codes
Another
method of pricing available is using the break codes from the
Item Master.
With this method you can define up to five quantity breaks in
the Price Master.
Matrix pricing
Matrix
pricing can be either selling price (list) minus a percentage
or cost plus a
percentage. If
you want to use matrix pricing, establish in the Item Master
if the
price is to be list minus or cost plus.
There are nine percentages available for each
product class, and they must be set up in the Price Master.
Also, matrix pricing
requires a matrix price code in the Customer Master.
The nine percentages in matrix
pricing are used as different price lists.
For example, a customer assigned to Price
List 3 gets percentage 3.
Each of these Price Lists can vary by product class.
Selling Price
If
you don’t want to use any of the previous pricing methods,
you can use the selling
price from the Item Master.
Discounting
A
discount percentage
in the Customer Master can affect the price found for an item
by the pricing routine. You
may also enter a discount for an item during order entry.
Any discount is in addition to the item price determined by
the pricing routine.
