Setting Up Preference Definitions
Access the Preference Definition Revisions form.
- Item Group
Enter a user defined code (40/PI) that identifies an inventory price group for an item.
Inventory price groups have unique pricing structures that direct the system to incorporate discounts or markups on items on sales and purchase orders. The discounts or markups are based on the quantity, dollar amount, or weight of the item ordered. When you assign a price group to an item, the item takes on the same pricing structure defined for the inventory price group.
You must assign an inventory price group to the supplier or customer, and to the item for the system to interactively calculate discounts and markups on sales orders and purchase orders.
- Customer Group
Enter a user defined code (40/PC) that identifies a customer group. You can group customers with similar characteristics, such as comparable pricing.
- Preference Hierarchy
Enter a user-defined code (UDC) from 40/PR to identify a preference type or a price adjustment hierarchy. When you define hierarchies, you identify each table with this code. Later, when you create adjustments, you use this code to identify the hierarchy that the system follows for the adjustment.
- Quantity Level Break
Select this option to indicate level breaks to occur in the Price Adjustment Detail table (F4072). You can define three types of level breaks:
Quantity. The system determines the correct adjustment based on the quantity ordered in the sales order. You can set up different adjustment breaks for different units of measure.
Weight. The system uses the weight assigned to the sales order detail line item to determine the proper adjustment level break.
Amount. The system uses the extended amount on the sales order detail line to determine the proper adjustment level break. If you activate currency conversion, the system stores and displays all amount-level breaks based on the floating decimals of the currency code.
If you select the None option, the system uses advanced preference features to determine the proper adjustment level break. Use this option only if you are using advanced preferences.
- Advanced Preference Type
Enter a UDC from 40/AP to specify how the system processes the defined advanced preference.