Exercise - Create trade agreements

  • 15 minutes

Create a customer trade agreement

Create a trade agreement named Sales price adjustment.

  1. Go to Sales and marketing > Prices and discounts > Trade agreement journals.
  2. Select New.
  3. In the Name field, enter Sales price adjustment.
  4. Select the Lines button to open the journal.
  5. In the Relation field, select Price (sales).
  6. In the Party code type field, select Group.
  7. In the Account selection field, select Retail accounts.
  8. In the Product code type field, select Table.
  9. In the Item Relation field, select A0001, HDMI 6' Cables.
  10. In the From field, enter 1.
  11. In the Amount in currency field, enter 20.00.
  12. Change to the Details tab.
  13. In the From date field, select September 15, 2019.
  14. In the Lead time field, enter 2.
  15. Select Validate > Validate all lines.
  16. After successful validation, post the journal.
  17. Select OK
  18. Close all pages.

Create a vendor trade agreement

  1. Go to Procurement and sourcing > Prices and discounts > Trade agreement journals.
  2. Select New.
  3. In the Name field, select Sales price adjustment.
  4. Select the Lines button to open the journal.
  5. In the Relation field, select Price (purch.).
  6. In the Party code type field, select Group.
  7. In the Account selection field, select Domestic vendors.
  8. In the Product code type field, select Table.
  9. In the Item relation field, select A0001, HDMI 6' Cables.
  10. In the Site field, select 1.
  11. In the Warehouse field, enter 13.
  12. In the From field, enter 1.
  13. In the Amount in currency field, enter 8.26.
  14. Change to the Details tab.
  15. In the From date field, select September 15, 2019.
  16. Select Validate > Validate all lines.
  17. Select OK
  18. Post the journal.
  19. Select OK
  20. Close all pages.

Set up supplementary items

Many organizations have supplementary items that are included (either at a cost or for free) when certain items are sold. Example: A computer comes with a cable, included free of charge.

  1. Go to Production information management > Products > Released products.
  2. Select item 1000 (Surface Pro 128 GB).
  3. Change to the Sell tab.
  4. Select Supplementary sales items.
  5. Select New.
  6. In the Account code field, select All.
  7. In the Supplementary item field, select A0001 (HDMI 6' cables).
  8. Select Save.
  9. Close the page.