Create Price Contracts

Owned by Keith Mangold
Last updated: Sept 29, 2023 by Loan Thai
3 min read

Contracts are used to define either a Special price or a Feature price. A special price modifies the final price of an item based upon the rules specified. A feature price adds an additional line to the items price for printing / display on the Order and/or Invoice.

Pre-Requisites

  1. Customers

  2. Items

  3. Optional: Markets Sources

  4. Optional: Market Types

  5. Optional: Market Regions

  6. Optional: Market Formulas

  7. Optional: Price Groups

Step-by-Step guide

  1. Access the Master module.


  2. Click Pricing.


  3. Click Contract Pricing.
    You are automatically placed into a "Create New Contact Price" mode.


  4. Specify a Contract Name.


  5. Specify either Special or Feature.


  6. Optional: If Feature was selected, specify a Miscellaneous Charge Code. 


  7. Specify an Effective Date.


  8. Specify an Expiration Date.


  9. In the Items tab, in the lines grid, specify a Type.


  10. Optional: Specify an Item #. If none is specified, this Special/Feature price will be applied to ALL items in the selected Inventory Type.


  11. Optional: Specify an additional fields such as Quantity, Pack, or Range options. 


  12. Check / Uncheck the Actual price checkbox.
    When check, the value entered into the Price column will be the fixed price of the item. For example, if you are wanting to set that an Item's special price is $0.99 no matter what, check the Actual price checkbox. If you want the Item's special price to be "10 cents less than our normal agreement with the customer(s)", do not check the Actual option.


  13. Specify a Price value.
    For the set price, enter in 0.99. For the "10 cents less" option, enter in -0.10.


  14. Extended tab.
    Specify the Extended information under the Column, the price, and this contract pricing will be applied to All the products/items which were configured with this Extended information. 

  15. Select either the Price Group, Super Customer, Customer, or Ship Locations tab to specify who gets this special/feature price.


    1. For example, to say all Customer's in Price Group X get this, click on the Price Group tab.
      Specify a Code,  and the contract will be applied to All customers that are assigned to this Price Group. 


    2. For example, specify one specific Super customer, click on the Super Customer tab.
      Specify the Super Customer's Short Name, and the contract will be applied to All child customers.


    3. For example, specify one specific customer, click on the Customer tab.
      Specify the Customers' Short Name,  and the contract will be applied to the customer(s). 

    4. For example, specify one specific Ship Locations, click on the Ship Locations tab.
      Specify the Ship Locations' Short Name, and the contract will be applied to this particular ship Location(s).

  16. For each additional item you wish to apply this special/feature to, repeat step #9 to step #12.
     

  17. For each additional Price Group, Super Customer, Customer, or Ship Location you wish to apply this special/feature to, repeat step #14.


  18. Click Save. 



Examples:

The contract below has 3 items set up for a special contract pricing between 08-01-2021 to 12-31-2021.

Item # 1 will have an extra 10 cents per dozen.

Item # 2 will have a discount of -10 cents per dozen.

Item # 3 will have an actual price of $2.00 per dozen.





This contract will be applied to All Products/Items that has been configured with the Extended Info column "EGGGRADE" with the value of Grade AA. They will receive an extra .10 cents per dozen.





This contract will only apply to customers that are assigned to the Price Group EB MARKETS.