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If a Retail Sales Point has Different Retail Prices...

If a Retail Sales Point has Different Retail Prices...

If a Retail Sales Point has Different Retail Prices...

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Let's use a company where the price level in the Costing/Pricing panel in the Items register is different for retail locations as an example.

 

This example can only be supported if each location has its own database which keeps Items register data separately. Documents can be sent from this database to the central location for importation into the database of headquarters (let's call it the central location).

 

1. Warehouses

Let's say, for example, that the central location only has one central warehouse - let's call it the wholesale warehouse.

Each retail location has of course defined its own warehouse - let's call it the retail warehouse.

2. Valuation and Posting Stock

Stock is valued by average price at all warehouses. At the retail warehouses, it's posted by retail price.

3. Costing/Pricing in the Items Register

The central location sees that the correct pricing is entered in its database, that is, in the Pricing/Costing panel of the Items register.

Each retail location sees that the adapted pricing is entered in its database in its Items register.

4. Sequence of Operations

With valuation by wholesale price, it's generally important that the correct sequence for entering data in the program is followed - that is, a sequence that suits actual changes (receipts, price changes, etc.).

Of course, this is very important for the example we're looking at.

If C represents the central location, and R the retail location, the sequence is as follows:

  • C.1. The central location receives the goods and creates its own pricing.
  • C.2. The central location creates a transfer document with its own sale prices. It delivers the document to the retail location (using OTOS, for example).
    • R.1.  The retail location receives the transfer slip, through which it receives the goods at its own (retail) warehouse. In this transfer slip, it outfits the items with its own retail prices. (the procedure that would change the pricing in the document is not automatically supported. However, a procedure that can be imported to the Wizards menu and that enables you to transfer data from the Items register to the transfer slip is available at ftp.datalab.si/sqli.  
    • R.2. Only once the prices in the transfer slip are outfitted with the prices of the retail location can the retail location use the Wizard (see Creating Price Change Documents) to create a price change document for all articles it is receiving for the first time, or for which the price has changed in terms of the data in the Items register.
    • R.3. The retail location returns the transfer slip to the central location
  • C.3. The central location confirms and posts the returned transfer document. (Data from the transfer document is imported for the sake of overviews, reports - commercial records, and the automatic posting of material consumption).

 

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