New user here, first post.
We have discovered that miscellaneous charge is the function to use to represent a discount from our supplier (negative amount, percentage) without changing the line item price. However, this discount, while showing in the summary of the PO, does not follow through the receipt and hence AP does not see the resultant discounted totals in their process. Is there something we do not have set up correctly or a known flaw with a workaround?
Looking forward to your insight.
Welcome, Doug.
I am no expert, but I have to say I have never known people to use PO misc charges in this way.
You had me intrigued, so I skimmed the user guide. No surprise, but it’s vague in this regard. The intro does not give me the sense of using them as discounts.
I read the next paragraph (below), and I thought it was saying “use this as a discount.” But I think all it means is, “If you get a discount for early payment (via the payment terms), then also discount the misc charge” (or if false, don’t also discount the charge).
The help on the field seems to spell that out.
So to answer with a question, why not just use the Supplier Price List for discounts?
I searched with the question of how to use negative charges and I found this post:
I tried it and it worked so I assumed this was the method everyone used. Once the PO was received however, the misc. charge/discount was not reflected in the receipt not at the AP stage.
Our company is an engineering/manufacturing to order type of business. Many times, we receive an across the board discount from a vendor for a specific project. Therefore, instead of altering current pricing or adding in discounts per item in the price list, we would just like to realize the discount at the PO level, either by line or by entire PO, so we can expense the project correctly. Often we are buying the same item for multiple projects at the same time, some discounted, some not.
I am not an expert on the Supplier Price List so perhaps I am not aware of its full functionality. I am new to Epicor so I am on a voyage of discovery if you will.
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Hmm, interesting. Well, it does make sense to want to do the discount as something other than a supplier price list.
Unrelated (probably), but out of curiosity, how do you tie the PO to the project?
If the PO is tied to a job, I can’t recall if the PO pulls the pricing from the job. (I think I am thinking of subcontract, though.)
Hopefully someone else can chime in.
PO is “buy direct” to a job which is under the Project. Price on PO is applied to the job and rolled up to the Project level upon completion, if I understand correctly. We normally don’t hold large inventories of parts since each project is so design specific.
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