Dealing with the mess of an incorrect Purchase Price Variance (PPV) on
standard cost is the biggest issue for us. This happens when the PO is
received at a different price than was originally put on the PO. I know it
wasn't Dick's original question, but I thought I would throw it out there as
an issue to watch out for.
Troy Funte
Liberty Electronics
-----Original Message-----
From: Wayne Katzenberger [mailto:wkatz@...]
Sent: Thursday, April 24, 2003 10:33 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Purchasing Price Breaks on Blanket orders
Troy,
We have run across the same thing. Especially if we don't catch it before
the parts are recieved. However, if your AP is good about doing three way
checks (Invoice against reciept against PO) you can make corrections
before
major inventory value problems occur.
Wayne
-----Original Message-----
From: Troy Funte [mailto:tfunte@...]
Sent: Wednesday, April 23, 2003 7:42 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Purchasing Price Breaks on Blanket orders
One frustrating thing about Price Breaks in Vantage (which I'm told is "by
design") is that whenever you change a quantity (and perhaps the date) on
a
release, it will re-apply the price breaks according to the current
quantity. This is frustrating because at times we have made PO's for a
price other than the price break, only to change the quantity later, and
it
changed the price on the PO without us realizing it. It created quite a
mess with Standard Costing among other things.
Troy Funte
Liberty Electronics
-----Original Message-----
From: Gil Amilbangsa [mailto:gil.amilbangsa@...]
Sent: Wednesday, April 23, 2003 6:52 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Purchasing Price Breaks on Blanket orders
Isn't your blanket order price negotiated to the best unit price that
will
cover a total requirement (or minimum qty commitment) regardless of
releases? You just set-up the blanket order for the minimum (or total
qty),
add a projected release schedule and change as necessary. Additional qtys
can be added over and above the original order qty with no unit price
consequence if that is part of your agreement with your supplier.
If your supplier insists on a pricing per release qty, it's really just
a
straight off price list. You may want to consider keeping your blanket
order
or purchase contract off-line and just reference it in the vendor price
list. Then raise a new purchase order everytime you need a release. We do
it
this way most of the time.
HTH,
Gil Amilbangsa
Australian Healthcare Equipment - Murphy Furniture
gil.amilbangsa@...
-----Original Message-----
From: PLAMAN DICK [mailto:dick.plaman@...]
Sent: Wednesday, 23 April 2003 11:29 PM
To: Vantage (vantage@yahoogroups.com)
Cc: HILLIS MARK
Subject: [Vantage] Purchasing Price Breaks on Blanket orders
Wondering if/how other companies are handling the following situation:
Set up purchasing price breaks example: 100 pieces = $5.00,
200
pieces = $4.50, 300 pieces = $4.00.
Set up blanket deliveries example: 100 pcs
05/01/2003 price should be $5.00
100 pcs 06/01/2003
price should be $5.00
100 pcs
07/01/2003 price should be $5.00
the price ends up being $4.00 because the aggregate quantity is
300.
We have blanket orders where quantities are open and added to as needed.
When quantities are added,
the aggregate quantity changes and if price breaks are set up, the price
changes.
Is there a way in Vantage (5.1) to specify blanket quantity price
breaks?
thanks,
[Non-text portions of this message have been removed]
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Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
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http://groups.yahoo.com/group/vantage/links
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
[Non-text portions of this message have been removed]
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
Yahoo! Groups Sponsor
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
[Non-text portions of this message have been removed]
standard cost is the biggest issue for us. This happens when the PO is
received at a different price than was originally put on the PO. I know it
wasn't Dick's original question, but I thought I would throw it out there as
an issue to watch out for.
Troy Funte
Liberty Electronics
-----Original Message-----
From: Wayne Katzenberger [mailto:wkatz@...]
Sent: Thursday, April 24, 2003 10:33 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Purchasing Price Breaks on Blanket orders
Troy,
We have run across the same thing. Especially if we don't catch it before
the parts are recieved. However, if your AP is good about doing three way
checks (Invoice against reciept against PO) you can make corrections
before
major inventory value problems occur.
Wayne
-----Original Message-----
From: Troy Funte [mailto:tfunte@...]
Sent: Wednesday, April 23, 2003 7:42 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Purchasing Price Breaks on Blanket orders
One frustrating thing about Price Breaks in Vantage (which I'm told is "by
design") is that whenever you change a quantity (and perhaps the date) on
a
release, it will re-apply the price breaks according to the current
quantity. This is frustrating because at times we have made PO's for a
price other than the price break, only to change the quantity later, and
it
changed the price on the PO without us realizing it. It created quite a
mess with Standard Costing among other things.
Troy Funte
Liberty Electronics
-----Original Message-----
From: Gil Amilbangsa [mailto:gil.amilbangsa@...]
Sent: Wednesday, April 23, 2003 6:52 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Purchasing Price Breaks on Blanket orders
Isn't your blanket order price negotiated to the best unit price that
will
cover a total requirement (or minimum qty commitment) regardless of
releases? You just set-up the blanket order for the minimum (or total
qty),
add a projected release schedule and change as necessary. Additional qtys
can be added over and above the original order qty with no unit price
consequence if that is part of your agreement with your supplier.
If your supplier insists on a pricing per release qty, it's really just
a
straight off price list. You may want to consider keeping your blanket
order
or purchase contract off-line and just reference it in the vendor price
list. Then raise a new purchase order everytime you need a release. We do
it
this way most of the time.
HTH,
Gil Amilbangsa
Australian Healthcare Equipment - Murphy Furniture
gil.amilbangsa@...
-----Original Message-----
From: PLAMAN DICK [mailto:dick.plaman@...]
Sent: Wednesday, 23 April 2003 11:29 PM
To: Vantage (vantage@yahoogroups.com)
Cc: HILLIS MARK
Subject: [Vantage] Purchasing Price Breaks on Blanket orders
Wondering if/how other companies are handling the following situation:
Set up purchasing price breaks example: 100 pieces = $5.00,
200
pieces = $4.50, 300 pieces = $4.00.
Set up blanket deliveries example: 100 pcs
05/01/2003 price should be $5.00
100 pcs 06/01/2003
price should be $5.00
100 pcs
07/01/2003 price should be $5.00
the price ends up being $4.00 because the aggregate quantity is
300.
We have blanket orders where quantities are open and added to as needed.
When quantities are added,
the aggregate quantity changes and if price breaks are set up, the price
changes.
Is there a way in Vantage (5.1) to specify blanket quantity price
breaks?
thanks,
[Non-text portions of this message have been removed]
Yahoo! Groups Sponsor
<http://rd.yahoo.com/M=249982.3179269.4495679.2595810/D=egroupweb/S=17050071
83:HM/A=1524963/R=0/*http://hits.411web.com/cgi-bin/autoredir?camp=556&linei
d=3179269&prop=egroupweb&pos=HM>
<http://us.adserver.yahoo.com/l?M=249982.3179269.4495679.2595810/D=egroupmai
l/S=:HM/A=1524963/rand=565605515>
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service
<http://docs.yahoo.com/info/terms/> .
[Non-text portions of this message have been removed]
Yahoo! Groups Sponsor
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
[Non-text portions of this message have been removed]
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
Yahoo! Groups Sponsor
Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
[Non-text portions of this message have been removed]