Understanding Direct Price Adjustments
Pricing and discounts are often negotiated with specific customers for a specific product or set of products. To accommodate customer relationships, you can set up direct price adjustments.
A direct price adjustment associates prices and discounts directly with a customer instead of using price schedule. The system uses the address book number of the customer to associate the direct price adjustment with the customer.
To manage the timing of the customer-specific pricing, you can set up direct price adjustments to be in effect for specific dates. For example, if your company had a promotional price available to all customers throughout the month of May, and you want to extend that promotional price to a specific customer through the month of June, you can enter the June date in the Expiration Date field on the Price Adjustment Schedule Revisions form. The system uses the value in the Price Based on Date field in the system constants to process the effective dates of prices.
The system can process many price adjustments simultaneously. You can choose whether you want the system to process price adjustments by a customer number as in direct price adjustments, by an adjustment schedule, or both.
If you choose to have the system adjust pricing by both the customer number in a direct price adjustment and an adjustment schedule, you must pay careful attention to the sequence of the adjustments. The system processes the direct adjustments first (those that are adjusted by customer address number) and then processes the adjustments that you have specified in a schedule. The sequencing that you choose for the combination of these adjustments should reflect how you want the system to adjust pricing, while ensuring that no adjustments are applied multiple times.