Changing COGS Using a Pricing Override

Authorized users use the Cost of Goods Sold Override window to override pricing on an order. Use this screen to adjust the cost of goods sold (COGS) information, and then apply the adjustment to one or more items on an order. Any adjustment you make applies to subsequently entered items.

Use the Notify User When COGS Is Updatedcontrol maintenance record to make sure the appropriate personnel are notified when COGS has changed.

Use the Direct COGS Always Vendor Pricecontrol maintenance record if you want to always use the vendor price for direct cost of goods sold on orders.

Note: If you are assigned the PROCURE.COGS.EDIT authorization key, but not the SOE.COGS.EDIT authorization key, you can only change the COGS on procured items.

To override the cost of goods sold:

  1. Create or open a sales order and display the order's Body tab.

  2. From the Edit Ordermenu, select Pricing to display the Order Pricing Override window.

  3. From the Edit menu, select COGS Override to display the Cost of Goods Sold Override window.

  4. In the Cost Date field, enter the price sheet date used for the item's pricing.

  5. In the Basis field, enter the global price basis to override, such as COGS-COST or Order COGS. If your entry is invalid, a list of choices displays.

  6. With a global basis specified, use the Formula field to enter a pricing formula.

Note:If the price goes below the minimum G/P% the system reprices the item.

  1. Specify how to apply the price override to the current order generation:

  1. When you are satisfied with the price override, save your changes and exit the window to return to the Order Pricing Override window.

Note: If the Prompt For Cost Code On Cost Override In SOEcontrol maintenance record is set to Yes or Required, you will be prompted to enter a cost override code.

See Also:

Changing Sales Order Prices