On this page, we will show you how to access the purchase pricing page for inventory items, edit them, and create new pricing according to your needs.
To access the purchase pricing page for inventory items, please follow these instructions:
- Start by opening the main menu by clicking on “Warehouses.”
- Once you’ve reached the Warehouses menu, look for “Inventory Items” and click on it. You will usually find it in the top toolbar of the page.
- After clicking on “Inventory Items,” you will be taken to a page that displays all the items added to the system.
- If you wish to edit an item, you can do so by simply clicking on the item’s link.
- After reaching the item’s details page, look for the “Purchase Pricing” link and click on it.
- After clicking on the “Purchase Pricing” link, you can set the purchase pricing.
By following these steps, you can easily access the purchase pricing page for inventory items and edit them according to your needs.
Options and Features of the Purchase Pricing Page for Inventory Items:
- You can add purchase prices for each supplier listed in the system. This allows you to specify different purchase prices for each supplier based on contracts or special agreements.
- If there is a difference in units of measurement between the supplier and the unit of measurement used in the company, you can add a custom unit of measurement for each supplier. This means you can efficiently deal with different units of measurement between suppliers and the company.
- Once you add a specific purchase price for an item and associate it with a supplier, this price will be automatically displayed in all different purchase documents in the system, such as supplier invoices, purchase orders, and more.
- You can easily edit any of the recorded prices in the system as needed. Simply select the price you want to edit and enter the new value.
- If you no longer need a specific pricing, you can also delete it easily. This provides flexibility in managing the recorded prices.
How to Add New Purchase Pricing with Easy and Clear Steps:
- Choose the Supplier: Start by selecting the supplier with whom you want to set purchase prices. This can be based on contracts or agreements between you.
- Specify the Agreed-upon Price: Add the purchase price for the inventory item based on the agreement with the supplier. This price will serve as the reference for future purchasing operations.
- Add the Unit of Measurement: In case you purchase from the supplier using a different unit of measurement than your own, add the unit of measurement that will be used for the purchase from the supplier.
- Add the Conversion Factor: If there is a difference in units of measurement between your unit and the supplier’s unit, add the conversion factor to ensure compatibility.
Press the “Add New Record” button to register the new purchase price. You can fill in the details mentioned above in this record.
By following these steps accurately, you will be able to add new purchase pricing for inventory items easily and clearly. This process will help you organize and set purchase prices according to your needs and agreements with suppliers.