Because lot item prices and costs are determined in Sales Order Entry, lot items do not require price lines. However, the system requires that you assign all products a price line, so you can create a generic price line for use with your lot items.
To create a generic price line for a lot item:
From the Maintenance > Price Maintenance menu, select Price Line to display the Price Line Maintenance window.
From the File menu, select New to display a prompt.
At the Enter new ID prompt, enter LOTITEM.
Click OK to return to the Price Line Maintenance window.
The system populates the Price LineID field with LOTITEM.
In the Description field, enter Generic Lot Item Price Line.
In the UoM Desc. column, enter ea (each). Verify that the S, P, T, A, and I fields are all selected.
In the Basis Name column, enter the following:
LIST (list price)
REP-COST (replacement cost)
Add additional price or cost basis names, as needed.
In the UoM column for each basis name, enter ea.
If the currency to use for a price or cost basis is different from the base currency, in the Currency column, enter the currency code next to the affected basis names.
In the Vlvl column, enter a view level between 1 and 9 next to each basis name to indicate what level of authorization is required to view the associated price or cost.
Note: Higher numbers indicate more restricted access. The highest level for a selling price is 5, while levels 6-9 are usually assigned to costs.
In the Basis column, assign a basis name you created to each global basis name. You can assign the same local basis name to multiple global bases, if needed.
See Also