Docsity
Docsity

Prepare for your exams
Prepare for your exams

Study with the several resources on Docsity


Earn points to download
Earn points to download

Earn points by helping other students or get them with a premium plan


Guidelines and tips
Guidelines and tips

Setting Special Prices for Business Partners: An Exercise in Pricing, Exercises of Financial Management

An exercise for setting special prices and discounts for business partners in a retail context. The exercise involves setting up a special price for a customer with a percentage discount and quantity-based discounts, creating sales orders to check prices, and copying special prices to another business partner using the copy function.

What you will learn

  • How do you copy special prices from one business partner to another?
  • How do you set up a special price for a business partner with quantity-based discounts?
  • How do you set up a special price for a business partner with percentage discounts?

Typology: Exercises

2021/2022

Uploaded on 02/11/2022

courtneyxxx
courtneyxxx 🇺🇸

4.5

(14)

253 documents

1 / 2

Toggle sidebar

This page cannot be seen from the preview

Don't miss anything!

bg1
pf2

Partial preview of the text

Download Setting Special Prices for Business Partners: An Exercise in Pricing and more Exercises Financial Management in PDF only on Docsity!

Exercises

Unit: Pricing

Topic: Special Pricing for BPs

At the conclusion of this exercise, you will be able to: x Set special prices for business partners x Copy special prices from one business partner to another

In this exercise, you set up a special price for a customer with validity periods and percentage discounts based on quantities purchased. You then copy the discounts from one business partner to another.

5-1 Set up a special price for a customer.

5-1-1 You have agreed on a special discount of 10% of the store price (Small Account Sales Price price list) for the item C00008 with customer C23900.

Field Name or Data Type Values BP Code C Price List Small Account Sales Price Item No. C Discount Percentage (^) 10

5-1-2 You have also negotiated a special price with quantity-based discounts for item C00005 (5% discount as of two units, 10% as of four units) with the same customer. This quantity-based discount is to be valid for three months. Create a sales order for 5 units for customer C23900 and materials C00008 and C00005, check the prices.

Add item C00005 to the special prices for business partners.

Field Name or Data Type Values Item No. C Price List (^) Small Account Sales Price Discount Percentage 0

Field Name or Data Type Values Quantity. (^) 2 Discount 5 Quantity 4 Discount (^) 10

5-1-3 Create a sales order for 5 units of C00005 and C00008 and check that the prices are correct.

Field Name or Data Type Values Customer C Delivery Date Today’s date Item C Quantity (^) 5 Item C Quantity 5

Sales Order number: ___________________

5-1-3 After lengthy negotiations, you agree to grant customer C20000 the same conditions for items C00005 through C00008. Use the copy function for special prices.