Understanding JD Edwards EnterpriseOne Advanced Pricing

Pricing is probably the most complex aspect of the business; it may take you considerable time to plan, set up, and maintain pricing information. You can use JD Edwards EnterpriseOne Advanced Pricing system to manage pricing in the JD Edwards EnterpriseOne Grower Pricing and Payments, and Blend Management systems.

With JD Edwards EnterpriseOne Advanced Pricing, you can:

• Adjust prices for each promotion or deal, and then combine adjustments into a pricing structure or schedule

• Define unlimited price adjustments and combine regular discounts and promotions within the same schedule.

When you enter a purchase order, the system retrieves the unit cost for the item based on characteristics, such as the branch/plant, the supplier, the quantity, an the item, or a contract. Before the system processes any type of advanced price adjustment to the purchase order, it must first retrieve the unit cost. Depending on the purchase price level for the item, the system retrieves the unit cost from either the Supplier Price/Catalog File (F41061) table or the Item Cost File (F4105) table. After the system retrieves the unit cost, it verifies that Advanced Procurement Pricing is active. If Advanced Procurement Pricing is active, the system bypasses the standard price adjustments that you set up in JD Edwards EnterpriseOne Procurement and searches for applicable schedules and adjustments in JD Edwards EnterpriseOne Advanced Pricing.

When you enter an item in the Item Master Revisions program, you must enter the purchase price level. The purchase price level determines how you define the base price for an item. The base price is the unit cost on a purchase order. This table shows at which levels you can define the purchase price:

Purchase Price Level	Description
Supplier/Item	Define one overall price for an item from a supplier. The system retrieves the supplier cost from the F41061 table.
Supplier/Item/Branch	Set up different prices for each supplier, item, and branch combination. The system retrieves the supplier cost from the F41061 table.
Inventory Cost	Set up the cost based on the inventory cost level and the purchase cost method you specify for the item. The system retrieves the inventory cost from the F4105 table. If you do not set up prices for suppliers, the system uses the inventory cost as the default for the purchase order.

The Pricing Workbench enables you to view all pricing scenarios on one form; you can locate all pricing-related information for a supplier and different scenarios and avoid conducting numerous customer inquiries. The Price Matrix enables you to add and edit multiple pricing records on one form.

Using the JD Edwards EnterpriseOne Advanced Pricing system for grower contract pricing, you can base the price you pay for crops on information in a contract, minimum and maximum prices you set, and quality tests you perform on crop receipt. You can also change the price during receipts entry and override the price that you pay for crops. Additionally, you can base the proceed payments on the price on the sales orders that the product is sold on.

Using the JD Edwards EnterpriseOne Advanced Pricing for procurement pricing, you can process adjustments per line item or change the price on a batch of purchase orders or receipts. You can also create hierarchical search sequences. You can conduct an online review of adjustment history as well.