Pricing Exercises

Unit:

Pricing

Topic:

Pricing

At the conclusion of these exercises, you will be able to:

Describe and model pricing processes
Use special prices
You use the system in both Purchasing and Sales to determine
prices automatically.
Remember that the prices always refer to your national currency

1-1

Add a new item, T2002 (Ergo Screen Monitor), in the system and maintain
prices manually.
1-1-1 The ergo screen is purchased at the price of 150.00 units of your national
currency (price list: Base Price). It is sold to large customers at the price
of 400.00 units of the national currency (price list: Regular Sales Price)
and to small customers at the price of 500.00 units of the national currency
(price list: Small Account Sales Price). Maintain the prices either in the
item master record or in the Price Lists menu.

1-2

Create a new customer, TC200, Smith Inc.. Since this customer initially only
orders small quantities, assign him your terms for stores. You can assign the
Small Account Sales Price price list in the payment terms.
1-2-1 Create a sales order for customer TC200 and item T2002. Make sure that
the system chooses the right price. Save the document.
1-2-2 Create a new price list called Test (Data Add Row).
1-2-3 Base this price list on the Base Price with the factor 2.
1-2-4 Create a new item T2004 (Easy Pixel Monitor) and assign it a purchase
price
(Base Price) of 300.00 units of your national currency.
1-2-5 Call up the Price List screen and go to your Test price list. Check the price
of your item.

1-2-6 Create a sales order for customer TC200 and material T2004. What price
list will be used in the sales order?
____________________________________________________________
Make sure that the new Test price list (and not the price list in the customer
master record) is used in this document.
1-3

Instead of entering purchase prices manually in the purchasing price list, you can
also allow the system to calculate these prices automatically using the Last
Purchase Price system price list.
1-3-1 Change the Base Price so that it is calculated based on the Last Purchase
Price list.
1-3-2 Create a new item master, T2003 (Flat X-Large Monitor). Do not assign
any price to this item. Check the price in the Base Price list. The list does
not contain an entry yet.
1-3-3 Now order 10 units of the new item, T2003, from vendor V1010 at the
price of 250.00 units of your national currency. Create a goods receipt
posting with reference to the purchase order. Then display the price list
and check whether the last purchase price has updated.
1-3-4 You can now post the AP invoice for item T2003 with a purchase price of
250.-. Check again whether the last purchase price has been updated.
1-3-5 Now find out if the prices related to other price lists have been calculated.
Confirm the result by checking the situation in the Price Lists menu.
____________________________________________________________
____________________________________________________________

1-4

Special Prices
1-4-1 You have agreed on a special discount of 10% of the store price (Small
Account Sales Price price list) for the item C00008 with customer
C23900.
1-4-2 You have also negotiated a special price with quantity-based discounts for
item C00005 (5% discount as of two units, 10% as of four units) with the
same customer. This quantity-based discount is to be valid for three
months. Create a sales order for 5 units for customer C23900 and
materials C00008 and C00005, Check the prices.
1-4-3 After lengthy negotiations, you agree to grant customer C30000 the same
conditions for items C00005 - C00008. Use the copy function for special
prices.
1-4-4 You want to grant customers C40000 and C42000 a special discount for
selected item groups. Create a discount of 10% for the Scanners item
group for customer C40000 (Special Prices Define Discount Groups).

Now copy the discount to customer C42000 (Copy to Selection Criteria):

In the selection field, enter customer C42000 (in the From and To fields)
and choose OK.
Create a sales order and check the prices. Make sure that the item (for
example. A2010) is assigned to the Scanners item group. Then you can
expand the Choose From List by the Group column.