Kits, Component Price Code Application, Kit Price Code Application

Kits, Component Price Code Application, Kit Price Code Application

Release Date: 11/11/20
Version: 7.5 & Up

QFor a Kit item (K), with price rollup (Y), does Elliott OE not apply price breaks to kit components?

For a Kit item (K), with price rollup (Y), will Elliott OE not apply the price code break at the line item level either?

For a Kit item (K), with price rollup (N), Post Sales by Kit Component (Y), and Kit item price <> rolled component price, how is the Kit item price allocated across the components for the sales distributions?

A - Here are our answers:

For a Kit item (K), with price rollup (Y), does Elliott OE not apply price breaks to kit components? - No. Kit components will not use price breaks. But the system will honor the sales price if the item is on sale.

For a Kit item (K), with price rollup (Y), will Elliott OE not apply the price code break at the line item level either? No. Price rollup line items will not be subject to price breaks. The system will only use the price break if the price is a rollup (N).

For a Kit item (K), with price rollup (N), Post Sales by Kit Component (Y), and Kit item price <> rolled component price, how is the Kit item price allocated across the components for the sales distributions? The system will prorate each component based on its price (from component’s item price or item sales price.) Any rounding errors will be adjusted (1) to the first component; (2) if there are still leftovers from (1), the adjustment will be made to the remaining in Global Setup -> Cop-Func -> Post Invoice To A/R -> 11. Super Kit Sales Distribution Rounding Account.  This can happen if the first component item quantity per is not divisible (e.g., quantity = 3.)


Related Programs: CP0111, CP0115G, CP0305, IM2900

EMK


    • Related Articles

    • Can a Credit for Kits on an Order Return Components to Inventory?

      Q. We need to enter some credit memos for kits. Is there a way to do that so the components of the kit are returned to stock? When I enter a negative quantity of the kit in Order Entry, it says "Returned to stock" but does not adjust the component ...
    • CP0901 Customer Order Processing Price Code File Maintenance

      Price Code File Maintenance Application Overview The pricing system is based on price break tables. For example, you could set up a table such that when over 100 of an item are ordered, there is a 5% discount, when over 200 are ordered, there is a ...
    • CP1200 Customer Order Processing Mass Price Change

      Mass Price Change Application Overview The Mass Price Change application allows you to modify the prices for a range of items. The program will request a range of item numbers, a specific product category, the percentage of increase or decrease and ...
    • Change - Update Both Kit Parent and Components Usage

      'Release Date: 5/17/2016 Issue with Update Kit Parent Item Usage Before the Elliott 7.56.602 or 8.06.602 release, when a kit was posted in COP sales journal, it was possible the usage of the parent item was not updated. This behavior was based on the ...
    • CP1400 Customer Order Processing Price List Report

      Price List Report Application Overview The Price List Report application enables you to print out the base price and pertinent discount price information for each item within a selected range of items, product categories, and price code types. (Refer ...