Setting Up Vendor Contract Costs

The Vendor Contract Costs form lets you set up contract pricing that you have arranged with specific vendors.

Vendor Contract costs appear by default when you add purchase orders, receipts, invoices, returns, and credit/debit notes. If no contract cost exists for an item and vendor, Purchase Orders displays the Default Item Cost specified in the P/O Options form.

You can also view all vendors’ contract costs in the item Finder for the Unit Cost field in the Purchase Order, Receipt, Invoice, Return, and Credit/Debit Note Entries forms.

Note: Vendor Contract Costs are not available in Sage ERP Accpac 100.

To set up vendor contract pricing:

1. Double-click the Vendor Contract Costs icon in the P/O Setup folder to open the P/O Vendor Contract Costs form.

2. Click the New button to start adding vendor contract costs.

If reviewing costs, choose whether to view costs for an item number or a vendor.

3. On the form which appears, enter the vendor number for whom you want to set up contract costs or select it using the Finder.

The Contract Costs form is similar to the I/C Item Pricing form in the Inventory Control module. It lets you specify basic and sale costs for single or multiple units of measure, and specify percentage or flat amount discounts based purchase volumes.

4. Select the first item number for which you want to enter costs.

5. Fill in the cost, discount, and tax information for the item.

6. Click the Add button to add the contract cost information.

Click the Field List button at the top of this topic for information about fields on the form:

See also

Vendor Contract Costs form