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By Wally Carr | July 18, 2016

Trade agreements in 亿博电竞 AX 2012 allow for setting up prices and discounts for Products, Vendors, and Customers. (Or groups of Products, Vendors, and Customers). Trade agreements can be set up in a lot of different ways, with varying results. In this post I will start with a basic function: setting the price for a product based upon customer and based on a customer group. Trade agreements are managed by setting up price/discount agreement journals.

Navigate to Sales and marketing > Journals, or to Procurement and sourcing > Journals, and select Price/discount agreement journals and select “New”. We will be creating a price adjustment journal:

Journals Price/Discount

Select Price, and tab through the line. We will have a new journal with a number assigned from the number sequence: Next, click on Lines to enter the prices for individual items

Price/Discount agreement journal

There are a number of options to complete when entering adjustment lines. The first is the relation column, which determines the function of the line:

Price Relation

The account code determines whether a price applies to all vendors, a group of vendors, or a single vendor. The choices are “All” for all, “Group” for a group, and, very intuitively, “Table” for a single vendor. J We are assigning a price for a group:

Group in journal lines

Domestic Vendors

Prices always apply to a single item, so the value in the item code will be “Table”. We are setting a price for item A0001, from Domestic vendors. We have set the price to $14.00 on the Released products detail screen:

Released Product Details

We will enter a price of $14.50 for Domestic Vendors on the journal line:

Journal Lines Price

Validate and post the journal to activate the price:

Journal Lines Price
Now let’s order the item and look for the correct price:

 

Domestic Vendors

We create a purchase order for vendor US-103, and ass a line for item A0001:

Unit Price

Trade agreement journals are used to set discounts as well as prices. In this example, we have seen the use of a journal to set a price for a group of vendors. View the next blog in the series to learn about setting up discounts for a vendor group .

 

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