Item Purchasing Specifications

The following are the Item Purchasing specification attributes and their possible values. You set these attributes when you define or update items.

Item Purchasing Specification Attributes

Attribute Name	Description
Allow Purchasing Document Description Update	Enables the item description to be updated in a purchase order.
Default Buyer	Enter the buyer assigned to purchase an item.
Hazard Class	Use hazard classes to identify categories of hazardous materials for international trade purposes.
Input Tax Classification Code	Select the appropriate tax code for the item. The tax code shows the tax authorities and rates that are available to use for this item. You must select the taxable attribute to enable this field.
Inspection Required	Indicate whether to inspect an item upon receipt from the supplier, before paying the corresponding invoice.
Invoice Close Tolerance Percentage	Enter the percentage tolerance to automatically close purchase order shipments. Closed for Invoicing is a status change only. You can invoice match additional items against the shipment later.
Invoice Match Option	Indicate the invoice matching used. Values can be: Order Receipt
List Price	Enter the value that used as the default price on a purchase order, requisition, RFQ, or quotation. When performing supplier inventory replenishment, a list price must be specified in order to automatically generate a requisition.
Market Price	Enter the market value for an item. This attribute isn’t currently used.
Match Approval Level	Status of the Match Approvals. It can be either: Null (blank) 2 Way 3 Way 4 Way
Negotiation Required	Indicate whether negotiation is required.
Outside Processing	Indicate whether you can add the item to an outside processing purchase order line. You can select this option only if Purchased is also selected.
Outsourced Assembly	Indicate whether this is an outsourced assembly item. Selecting this check box indicates that the assembly item has subcontracting components. You can select this attribute only if you enabled charge base chargeable subcontracting.
Price Tolerance Percentage	Enter the price tolerance percent, the maximum price percentage over the normal price range for an item. For example, if the tolerance percent is 5, the maximum acceptable price on a purchase order is 5% over the requisition price. Any purchase order price 5% above the requisition price is unacceptable, and you can’t approve the purchase order.
Purchasable	Indicate whether to order an item on a purchase order. You can set this only when Purchased is enabled. Clearing the Purchasable check box enables you to temporarily restrict the ability to buy. If Purchasable is set to Master Level control, then Purchased must be set to Master Level control. This attribute is optionally set by the Item Status code.
Purchased	Indicate whether to purchase and receive an item. Turning this option on lets you set the Purchasable attribute. If an item is vendor managed, you must select this option.
Receipt Close Tolerance Percentage	Enter the percentage tolerance used to automatically close purchase order shipments. You can receive additional items against the shipment later.
Receipt Required	Indicate whether you must receive an item before you can pay the invoice.
Rounding Factor	Enter a number between 0 and 1. This factor determines how to round the quantity on an internal requisition that results from conversions between the requisition line unit of measure and the item unit of issue. This factor insures that the unit of issue resolves to an integer, rather than a fractional amount.
Taxable	Indicate whether the supplier charges a tax.
UN Number	Enter the United Nations identification number. UN numbers are used to identify specific materials (hazardous materials, for example) for international trade purposes.
Unit of Issue	Enter the unit of measure you typically use to issue the item from inventory. You use units of issue to round order quantities, minimizing shipping, warehousing, and handling costs. The unit of issue must be the same for all units of measure belonging to the same unit of measure class as the primary unit of measure.
Unit Type	Indicate the type of unit which is processed outside.
Use Approved Supplier	Indicate whether to use only approved suppliers.