Pricing Inquiry

Search by or select the part number on a part.

The class code of the selected part. In conjunction with the Type code, the class code is used to group similar parts together.

Valid class codes are configured and listed on the Classes screen.

The type code of the selected part. In conjunction with the Class code, the type code is used to group similar parts together.

Valid type codes are configured and listed on the Types screen.

The part's source of supply code. This typically represents the part's originating warehouse location.

Valid source of supply codes are configured and listed on the Source of Supply screen.

The selling price of the part. The parts sell price may be affected by the Parts/Package field.

The Average Cost The average cost is automatically updated whenever parts are receipted in the system (either through inventory adjustments or parts orders). When a part is returned, the system uses the Average cost to return that part to Inventory. To calculate Average Cost, assume a part is added to the system with a cost of $10.00 and 2 parts are receipted. The average cost is $10.00 for each of these 2 parts. Now assume the cost increases to $12.00 later in the year and 1 additional part is receipted after that cost has increased. The new average cost is calculated as follows: (Old Avg Cost x Old on Hand) + (New Cost x Number of Parts Receipted at New Cost) / Old on Hand + Number of Parts Receipted OR (10.00 x 2) + (12.00 x 1) / (2 + 1) = $10.66of the part.

The average cost of a part is calculated using the Landed Cost The Landed Cost of a part is the final cost of the part on an order after all applicable Order Creation and Order Update cost code factors have been applied to the Current Cost of the part. Cost factors are applied when the part is ordered and receipted into the system based on the order Type (eg. SO: Stock Order, MD: Machine Down, FI: Fill In, etc.) The Landed Cost of a part will, in turn, be factored into the Average Cost of a part (as specified in the Average Cost field of the Parts Profile tab.) For details regarding cost code logic, please see the Cost Code Logic topic in the FAQs and Troubleshooting section of the online help. For details regarding the Average Cost of a part, please see the Average Cost definition in the Glossary section of the online help. of a part which, in turn, is calculated based on the Cost Code assigned to the part profile. For details, see the Cost field description on the Parts Profile screen.

Net price plus a 20% discount.