Entering Item Master Records for Kits

Access the Item Master Revisions form.

You must specify how to price kits in the item master. If you decide to price the kit at the parent level, you enter only pricing information for the parent item. To price the kit by the sum of the component prices, you enter pricing information for each component but do not enter pricing information for a feature parent item.

Stocking Type

Enter a code from UDC table (41/I) that indicates how you stock an item. These stocking types are hard coded and you should not change them. Examples are:

F: Feature

K: Kit parent item

The first character of Description 2 in UDC table (41/I) indicates whether the item is purchased (P) or manufactured (M).

Sales Price Level

Enter a code that indicates whether the system maintains standard sales prices for an item, different sales prices for each branch/plant, or different sales prices for each location and lot within a branch/plant. The system maintains sales prices in the F4106 table. Values are:

1: Item level

2: Item/Branch level

3: Item/Branch/Location level

Purchase Price Level

Enter a code that indicates where to retrieve the purchase price for an item when you enter a purchase order. Values are:

1: Use the supplier/item price from the F41061 table.

2: Use the supplier/item/branch price from the F41061 table.

3: Use the inventory cost from the F4105 table. This cost is based on the inventory cost level and the purchasing cost method that you specify for the item.

The first two codes are applicable only if you set up supplier costs in the JD Edwards EnterpriseOne Procurement system. If you do not set up supplier costs, the system uses the inventory cost as the default for the purchase order.

Kit/Configurator Pricing Method

Enter a code that determines how the system calculates the price for kit items or configured items. Values are:

Blank: Use for items that are neither kit items nor configured items.

1: The system accumulates the base prices of components with the configured price adjustments and then discounts the total.

2: The system accumulates the base price of the parent item with the configured price adjustments and then discounts the total.

3: The system accumulates the configured price adjustments and then discounts the total.

4: The system accumulates the individually discounted price of the components with the configured price adjustments.

Note: Only configured price adjustments are included in the calculation for a configured item. Also, the system discounts costs only if you are using the JD Edwards EnterpriseOne Advanced Pricing system.

This is an example of how the system uses the various methods:

Parent Item: 125

Component A: 50

Component B: 100

Configured Cost Adjustment 1: 15

Configured Cost Adjustment 2: 10

Advanced Price Discount: 10 percent

Methods are:

Method 1: 50 + 100 = 150 + 15 + 10 = 175 − 17.50 = 157.5

Method 2: 125 + 15 + 10 = 150 − 15 = 135

Method 3: 15 + 10 = 25 − 2.5 = 22.5

Method 4: (50 − 5) + (100 − 10) = 135 + 15 + 10 = 160