Search HansaManuals.com HansaManuals Home >> Standard ERP >> Items and Pricing >> The Pricing Module Previous Next Entire Chapter in Printable Form Search This text refers to program version 8.5 Prices for Different Units of Measure This page describes how prices will be calculated when you sell an Item using different units of measurement.--- If necessary, you can also enter or change the Price Factor in an individual sales transaction row (on flip D in Invoices and Quotations, on flip E in Sales Orders). Using a Price Factor can be useful if a price per unit has more than three decimal places (the Unit Price field in a sales transaction and the Base Price field in the Item record can only support three decimal places). For example, if the price per unit is 0.0001, you can enter 0.01 as the Base Price and 100 as the Price Factor. This will result in a price per unit of 0.0001. The Price Factor also applies to Purchase Orders. Again, you should enter the quantity of single units that you need to buy, and the Sum will be calculated using the same formula. An alternative to the Price Factor is to specify a Quantity Factor in each Unit record (i.e. for each unit of measure). The Quantity Factor will allow you to relate each unit of measure to a single unit. For example, in a Unit record representing a dozen, the Quantity Factor will be 12 since a dozen is twelve individual units. In a Unit record representing a single Item, the Quantity Factor will be 1. In the example in the illustrations below we have used a new Unit and Item to remove the influence of the Price Factor. If you have sold the Item using a different unit of measure, enter that unit of measure in the Unit field and enter a quantity expressed in that unit of measure in the Unit Qty field. For example, if an Item is usually sold in single units and you sell two dozen of them, enter the "dozen" Unit in the Unit field and "2" in the Unit Qty field: The Qty Factor will cause the Quantity on flip A to change to "24" (i.e. 2 x 12) and the pricing to be adjusted accordingly. When you enter the unit of measure in the Unit field, the Unit Pr. of Unit field will be updated. This shows the unit price of the new unit of measure (9.48 per dozen in the example illustrated above). You can change this price if necessary. One situation where this can be useful is when you are selling an Item that has a very low unit price. For example, an Item might have a price of 0.01 for a single unit. If you sell the Item in boxes of one hundred, a box will usually sell for 1.00. If you sell a box for 0.95, you can change the Unit Pr. of Unit to 0.95 or you can enter a 5% discount. However, you cannot change the Unit Price on flip A from 0.01 to 0.0095 because this price has too many decimal places for the Unit Price field. --- The Pricing module in Standard ERP:
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