Recording Purchase and Sales Information tab for quick parts

Select the “Purchase and Sales Information” tab in the "Create Quick Parts" page.
Enter the following fields in “Purchase Information” group box:

Preferred Supplier	The default supplier with whom the order must be placed (Alphanumeric, 45). Mandatory. The preferred supplier must have been defined in the “Create Supplier” activity of the “Supplier” business component and must be in “Active” status.
	Help facility available

Note: This field must not be left blank, if you have set the “Planning Type” of the part as “Reorder Level” or “Min-max”, and the “Reorder Activity by” as “PO”, in the “Maintain Planning Information” activity.

Purchase UOM	The unit of measurement in which the part is purchased (Alphanumeric, 10). Mandatory. The UOM must be defined in the “Create UOM” activity of the “Unit of Measurement Administration” business component and must be in “Active” status.Help facility available
Standard Purchase Price	The standard rate of the part, when purchase requests or purchase orders are generated (Integer). Mandatory. Ensure that the value in this field is greater than zero.

The system displays the following:

Currency

The base currency of the login organization unit.

The system displays the following in the “Ordering Locations” multiline:

Business Function	The purchase order or the blanket purchase order that will be raised for procuring the part.
Ordering Location	The organization units that have been designated as “Purchase Order raising locations” for the part. The organization units must have purchase information for the part.

Note: If “Reorder Activity by” is set as “Purchase Order” or “Purchase Request” for the part, the system lists all the organization units that are authorized to raise purchase orders, in the multiline.

If “Reorder Activity by” is set as “Release Slip” for the part, the system lists all the organization units that are authorized to raise release slips, in the multiline.

Enter the following fields in the “Ordering Locations” multiline:

Applicable

Use the drop-down list box to select “Yes” or “No” to indicate whether the organization unit contained in the multiline row is applicable for the part. The system displays “No” by default.If the part is marked as "Purchase" in the “Usage & Source Details” group box then, ensure that this field is set to "Yes" at least for one record in the multiline.

Note: This field must be set to “Yes” in at least one row of the “Ordering Locations” multiline.

Default Ordering Location

Use the drop-down list box to select “Yes” or “No” to indicate whether the organization unit can still be designated as a default ordering location. The system displays “No” by default.

Note: If this field is set to “Yes”, the ordering location will be considered as the default location for the part in the login organization unit.

You cannot set this field to “Yes”, if a “PO” or “RS” ordering location is already defined as the default ordering location.

Enter the following fields in “Sales Information” group box:

Sales UOM

The unit of measurement in which the sales of the part is done (Alphanumeric, 10). Mandatory. The UOM must have been defined in the “Create UOM” activity of the “Unit of Measurement Administration” business component and must be in “Active” status.

Help facility available.

Standard Sales Price

The standard price at which the part is sold (Decimal). Mandatory. The value in this field must be greater than zero.

The system displays the following:

Currency

The base currency of the login organization unit.

Enter the following in the “Sales Information” group box.

Variable Pricing	Use the drop-down list box to indicate whether variable pricing is allowed. The system displays the following values: “Allowed and “Not Allowed”.
Pricing Basis	Use the drop-down list box to specify the basis for setting the price of the part. The system displays the following values: Std.Purchase Price"," Standard Cost", "Std.Sales Price", and "Actual Issue Cost", if “Allowed” is selected in the Variable Pricing field. The system defaults this field with Space if you have selected “Not Allowed” in the Variable Pricing field.

Note: You can select “Std. Purchase Price” only for parts for which the Part-Usage flag in the “Maintain Planning Information” activity is set to “Purchase”.

Estimation Pricing Basis	Use the drop-down list box to specify the basis for estimating the price of the part during quotation. The system displays "Maximum Purchase Price" and "Std. Sales Price, if you have selected "Actual Issue Cost" in the Pricing Basis fieldfield, else the system defaults this field with Space.
Regular Exchange	Select the box if the part has to participate in Exchanges. Parts that are checked as Regular Exchange can be exchanged and would have some repair costs also attached to it.
Standard Exchange	Select the box if the part has to participate in Exchanges as a Flat Exchange. Parts that are checked as Standard Exchange can be exchanged and they may or maynot have repair costs attached to it, based on the “Standard Exchange Type” selected.
Std. Exchange Type?	Use the drop-down list box to indicate whether the exchanged part has a repair cost associated or it is a “Flat Exchange”.

To proceed

Select the “Basic Details” tab to record the main details of the part.
Select the “Maintenance Details” tab to record the maintenance details for the part.
Select the “Planning Information Details” tab to record planning details for the part.

Select the “Usage, Source and Storage Details” tab to record the warehouse details for the part .