Infor LN & Baan Tips & Tricks for OPERATIONS: Simulated Purchase Prices (ticpr1170m000)
Use this session to define simulated purchase prices for purchased items per site.
Field Information:
- Cost Calculation Code - price calculation code
- Item
The raw materials, subassemblies, finished products, and tools that can be purchased, stored, manufactured, and sold.
An item can also represent a set of items handled as one kit, or which exist in multiple product variants.
You can also define nonphysical items, which are not retained in inventory but can be used to post costs or to invoice services to customers. The examples of nonphysical items:
- Cost items (for example, electricity)
- Service items
- Subcontracting services
- List items (menus/options)
- āSite - The site for which the purchase price is simulated.
- Purchase Currency - The currency of the simulated purchase price.
- Simulated Price - Purchase price
The simulated purchase price and currency are recorded twice.
- Simulated Price Multi Currency - The purchase price in multiple currencies.
The simulated purchase price and currency are recorded twice. The amount in this field is related to the price of the supplier.
- Unit - Purchase price unit
- Cost Component - The cost component that must be of the type Material Costs.
Note: The cost component specified in this field does not become part of the standard cost detail structure if it is part of the cost component scheme of the selected item. If calculations are performed with a calculation code not used for actualization (simulations only), the simulated purchase price is mapped to the cost component defined in the records for this session.
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Latest Price - The purchase price that is displayed on the most recent invoice received for the selected purchased item.
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Average Price - The average purchase price which is based on cumulative purchases or on the current inventory, as specified in the Method of Calculating Average Purchase Price field of the Purchase Order Parameters (tdpur0100m400) session.