Support Articles Archives - Page 10 of 11 - Palladium

SUP099 – Assembly and Kitting

The Assembly function is a simple manufacturing process that will take components, and convert this to a Finished Item in one simple process. The main difference between this and the Process Manufacturing function is that the Assembly function does not facilitate the job in a Work In Progress state.

Setup

Setting Up Assembly BOM’s
You set up the Assembly Bills of Material in the Inventory Maintenance function in the BOM Tab. The first thing that we need to do is to add the components for the required number to manufacture – or the Economic Manufacture Quantity. In the example below, you will see that we will use 20 Screws to Manufacture 4 Chairs. This feature becomes very handy when manufacturing small high Volume Items, ie pills where we would never manufacture 1x. Note that this is just a recipe and you can change the quantity to manufacture when creating the Assembly and the system will adjust the component quantities accordingly.

Processing an Assembly

Production Schedule (available in Palladium Enterprise & Premium Versions Only)
The production Schedule allows you to have a graphical view of your planned Jobs. There is also a filter on the top right of the Calendar allowing you to filter on open or closed Jobs and Works Orders. The production Schedule function is not necessary to Process an Assembly.

Works Order (available in Palladium Enterprise & Premium Versions Only)
The Works Order function allows you to group multiple Jobs for the day or selected period and allows you to perform a mass Materials Issue by printing the Works Order Report Summary. In addition, you can create a Works Order by copying Items to Assemble from Sales Orders or from the Production Schedule. In the screen below you will see the Production Schedule Reference number above with the components listed below.

Creating an Assembly or Disassembly
The Palladium Assembly function allows you to create an Assembly, a Disassembly (which effectively inverts the Bill of Material, allowing you to convert from one Item to many items. An example of Dis-assemblies could be to convert a carcass into the respective meat cuts, or for decanting Chemicals from one size packaging to many others. You can create an assembly or Disassembly on one of 2 ways.

Loading a BOM
You can create a job by loading from a BOM (Assembly) and have the ability to Assemble or Disassemble entering the required manufacture quantity.

Load Production Job
When you load a production Job, you can load either from the Works Order from the Production Scheduled Job Itself. In the example below you will see that we have loaded from the Works Order as per our example with Both the To Manufacture Jobs appearing below.

Assembly Reports

Production Schedule Report
This new report will give you a list of the current open Jobs in the production Schedule, detailing their relevant information such as due dates etc.

Where Used Report
This allows you to enter a component and the report will list all the different Assemblies that contain these items.

MRP Report
The MRP report will list all your Assembly Items, allowing you to enter the required Quantity to Manufacture, exploding down to the various components with recommended order quantities.

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SUP048 – Bookmarking Documents

This feature allows you to create documents and bookmark them for later recall or reference.

How does this feature help your business?

  • Copy information from one or more documents to the current document.
  • Search for bookmarked documents, across all documents whether from Accounts Receivable or Payable.
  • Offers salespersons a quick reference lookup function.

The Following Documents offer the ability to bookmark as well as refer to bookmarked documents:

Accounts Payable:

  • Purchase Orders
  • Purchase Invoices

Accounts Receivable:

  • Sales Orders
  • Sales Invoices
  • Freehand Quotes

    Feature Options

    Process a Document and Bookmark It!
    While processing a document, select the Bookmark option as shown below then Record (update) the document accordingly. This document is now Bookmarked, for later recall. In addition you can change the Bookmark status of a document by simply amending the “Document Info”.

Accessing Of Bookmarked Documents
The option to view Bookmarked documents will be enabled when you process a new document. You simply click on “Copy Sales Documents” at the bottom of the window and the Bookmarks option will appear as shown below.

The following screen will appear displaying documents that have been Bookmarked, at this point only documents that belong to this customer will be shown. Document lines are shown individually, so you may select a combination of items from different documents.

Navigating Through the Bookmarked Documents
You may search for bookmarked documents for a different customer by entering text within a customer code, or when you click on the customer filter option indicated below, a list of all customers appears then simply select the required customer.

When there are multiple bookmarked documents you may choose the Expand All option which will show all the lines within a document.

The Collapse All option will show you the document headers only.

The Bookmarks option below also allows you to choose different types of documents to view or you can simply select to view “All Documents”.

Copying Bookmarked Documents
When you are satisfied with the documents you have selected to copy or use as a reference, click on Ok and your selection is copied to the document you are processing from. If you want to view the document you are copying before making a selection, double-click on it as a drill-down, and it will be displayed on the screen. This could be used to view a delivery address, document status, or even a document discount for example.

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SUP073 – Inventory Extended Descriptions

Palladium now has the ability to create extended descriptions of up to 4000 characters, (such as warranty information or disclaimers) with the ability to amend these on the fly at time of processing. In addition the feature could be used for shipping or packing instructions by electing to print this exclusively on the Sales Order documents for example.

Create the Extended Description
To edit the extended description you need to add this on the inventory Masterfile, on the Ext Description tab. Once completed you will define the respective documents where this description should appear.

Editing the Extended Descriptions
You have the ability to edit the extended descriptions by clicking on the description field in the respective sales document as seen below.

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SUP203 – Serial Number and Lot, or Batch, Tracking

As a rule of thumb, the difference between a Serial Number or a Batch / Lot numbers are as follows:

Serial Numbers are generally used in big-ticket items or an item where we are required to track information such as Warranties etc. A serial number is assigned on a one-to-one relationship, ie where items all have a different serial number.

Batch / Lot Numbers are used when there is a one to many relationship, ie many items received are from the same Batch. This is generally user where one has to track items that are perishable or may require recall. Tracking the expiry of Lots is also a key attribute of this feature.

Setting up Serial Number and Lot Items

Creating Serial Number and Lot Number Types
The first thing you need to do is to create different Types, or groupings for Serial or Lot Numbers.

To do this you need to go to the Inventory >> Maintenance >> Serial / Lot Types function.

Once you are there you need to define whether this is a Serial or Lot Type, then setup the required attributes that you would like to be associated with this grouping.

Creating Serial Number Types
In the screen below you will have the ability to set the following:

  • Whether you print the Serial Numbers on your Documents.
  • Whether you assign the Serial Number at time of Receiving or at Time of Selling only. The significance of this feature is that should you set to assign at time of Receiving, you will have to account for that specific serial number throughout processes such as Inventory Transfers and Stock Counts.
  • The minimum and maximum Serial Number length.
  • Whether the Serial Number Formats can be Any Characters / Alpha Only / Alpha-Numeric / Numeric Only.
  • You are unable to Track Expiry Dates with Serial Numbers.

Creating Lot / Batch Number Types
In the screen below you will have the ability to set the following:

  • Whether you print the Batch Numbers on your Documents.
  • The minimum and maximum Batch Number Length.
  • Whether the Batch Number Formats can be Any Characters / Alpha Only / Alpha-Numeric / Numeric Only.
  • You can set whether you would like to Track the Item Expiry date at the various Steps throughout processing, and define whether you would like to Allow / Warn or Block expired Batches of this specific Type at the respective processing process.
  • You can also activate barcoding that will allow you to embed the lot Number and price or quantity into the barcode itself for ease of processing at point of Sale.

Assigning Serial / Batch Types to Items
Once you have created your different Serial and Batch Types, all you have to do is to assign it to the Relevant Inventory Item. Note that you cannot assign Serial or Lot Numbers to Service or Buyout Items.

Allowing for the Over or Under Use of Lots
There is an additional setting to allow the Over or Under Ordering of the Order Quantity based on the Lot or Batch Quantities on hand. This is used in industries that receive batches of specific items such as Rolls of Steel, Fabric or Looms of thread that all generally weigh an approximate value of say 500kg. To activate this feature you go to the Control Panel >> Options >> Inventory and Settings Tab as seen below.

If you refer to the example below, we ordered a quantity of 500 and selected a Batch that contained 506. On Record, the system prompts to allow you to adjust the Order Quantity to agree to the selected Batch Quantity.

Serial / Lot Number Take-On
In the item above I entered a take-on quantity of 21. Rather than having to enter the individual Batch Numbers, I can import them through the Control Panel >> Import & Export >> Serial / Lot Numbers. Don’t forget that the layout of the import files can be found in the Help >> Import Examples >> Ent_SerialLotNumbers.

Using Serial / Lot Numbers

Auto Increment Numbering
One of the features we have added is the ability to Auto-Assign, or Increment the Serial or Lot Numbers at time of processing. In the screen below you will see that we have elected to receive 100 Serial Numbers and opted to auto-assign the numbers, using the Serial Number Start number.

Importing Numbers
We also have the ability to Import Serial or Lot Numbers throughout the processing stage, from Goods Receiving to Sales Invoicing for ease of use.

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SUP109 – Inventory Reorder Optimisation

The purpose of this feature is to optimise the inventory holding and ordering within the organisation by managing minimum and maximum levels with order lead times, a safety factor as well as an estimated number of days sales to stock in order to optimise in hand levels.

Process

This function is a 3-step process as follows:

  • First setup the delivery lead time, safety factor to apply and set up the number of days sales required in stock.
  • Then run the inventory forecasting process. This function will calculate and average daily sales for the selected period and set the minimum and maximum inventory levels using the safety factor and required days sales.
  • We then process the mass inventory order form allowing us to mass create the individual purchase orders per location per vendor.

Setup

General Setup
You need to go to the Company Options Setup to determine whether you will create Purchase Orders or Purchase Requisition when processing the Bulk Reorder Process per the screen below. Note that you will only be able to create Purchase Requisitions if you are using the Purchase Order Approval function.

Inventory Masterfile Setup
Go to the inventory Masterfile and select the Reorder tab. Thereafter enter the details as below. Refer to the numbering in RED in the screen below.

  • Reorder Point for all Locations – This will set the Max Level across allocations and is used to determine order points for the company – generally used for central store purchasing.
  • Minimum Level – This is the Minimum level for all locations – associated with Centralised Ordering.
  • Safety Factor – Safety factor used to calculate the Minimum Level.
  • Order Lead Time (Days) – Vendor Delivery Lead Time.
  • Days Sales In Stock – Number of Days Sales Stockholding Required.
  • Economic Order Factor – The multiple on which to Order goods from your Vendor.
  • Minimum Order Quantity – this is the least amount that can be ordered for this Item
    Average Daily Sales – Average daily sales are calculated during the Inventory Forecasting process.
  • Minimum Level – Minimum level used to trigger the reorder process, calculated as follows: (Order Lead Time x Average Daily Sales) x (1+ Safety Factor).
  • Maximum Level – Minimum Level + (Days Sales in stock x Average Daily Sales) rounded up to Greater of Economic Order Factor or Min Order Quantity.

Inventory Forecasting
Now that you have setup the Reorder levels you need to generate the forecasting process as seen below with recommended new minimum and maximum inventory levels. The first thing you need to do is to determine whether this process is run per location or as an overall company (15). Then select the period on which you wish to forecast the daily sales, as depicted by point (1) below. As you can see you also have the ability to filter, or process, by inventory category (2).

Other field data as follows:

  • Stock Days to Forecast – this will allow you to mass update the Days Sales field (12)
    Sales – this is the unit sales for the dates selected in section (1).
  • Daily Sales – this is the average sales per day.
  • Adjusted Daily Sales – this is the overriding daily sales to calculate the Min and Max levels.
  • Sales Last 7 days – sales on the previous 7 days from the system date.
  • Order lead time – Order delivery Lead Time in Days per the Inventory Masterfile.
  • Safety Factor – This is the excess safety Stock Factor per the Inventory Masterfile.
  • Old Min Level – Previous Minimum Level.
  • New Min Level – New Minimum Inventory Level that will be updated to the Masterfile on Saving.
  • Days Sales – This is the number of days Sales to Stock.
  • Old Max Qty – Previous Maximum Quantity.
  • New Max Qty – New Maximum Quantity that will be updated to the Masterfile on saving.)

Processing Vendor Orders

The processing of Vendor orders can be made in one of, or using a combination of the following 3 ways:

Inventory Reorder Report
The standard reorder report has been extended to include the new Minimum and Maximum Levels, Economic Order Quantity and the Minimum Order Quantity. The reorder report has the ability to group order items by Preferred Vendor facilitating the reorder process.

Quick Order Form
Regarded as one of Palladium’s best-kept secrets, the Quick Order Form has all the functionality of the Inventory Reorder Report and more and allows you to select the items for reorder within a Vendor Purchase Order, allowing you to filter on only those items purchased from a specific Vendor.

Bulk Reorder Form
This is a new feature that allows you to load all items for reorder (per location) and create mass Purchase Orders from one screen. Note that this feature is only applicable where reordering is done at a per Inventory Location (Store) level. Below is an example of the Inventory Reorder Form. Once complete you will select the Generate Purchase Order.

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SUP085 – GL Open Item Allocations

The purpose of this function is twofold. Firstly it allows you to “allocate” or suppress from view, transactions that offset each other, allowing you to only see the relevant “outstanding” entries. Secondly, the system is used to auto-allocate transactions during the adjusting process, allowing you to suppress the original and reversal entries on the fly, leaving only the original entry as unallocated.

Manual Reconciliation

Objective
You would generally use this facility to reconcile accounts such as cash clearing accounts or general provisions and accrual accounts where you would like to offset amounts or entries against each other.

Processing
To process open-account allocations, first, select the icon in the General Ledger processing screen and select the account to allocate against. The system will list all transactions in the account whether allocated or not. This will allow you to reallocate previously allocated transactions should you require.

In the screen below you will see that we have offset a loan of R2000 against 2 of the repayments (in red) where the system has automatically applied an adjusted entry in Orange.

Reports
You can now run the General Ledger Transaction report showing All transactions or only the Unallocated Transactions.


Showing ALL transactions


Or showing UNALLOCATED Transactions Only

Automated Reconciliation

Objective
One of the main control features in Palladium is that we write a reversing Journal Entry for all adjusted transactions. This is good accounting practice and corporate governance, but can result in an extensive number of transactions in your General Ledger accounts.

Processing
To overcome this, Palladium automatically reconciles the original transaction with its General Ledger reversal on the fly, allowing users the ability to show all transactions or only the “unaffected’ or unreconciled entries.

Prevention
To prevent excessive transactions we would like to remind you of the Document Info feature that allows you to amend non-financial information, such as a sales representative as on sales documents as will not create any General Ledger Entries unlike the Adjust feature found on the same document.

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SUP104 – Vendor Inventory Pricing

Creating Vendor Pricing

The Vendor pricing setup and selection can be setup in either the Inventory Masterfile under the Vendors Tab as seen below;

Or in the Vendor Masterfile setup under the Item Pricing Tab. The significance of setting the pricing here is that you have the ability to Import the Vendor Pricelists. Note that both these methods update the same information and database fields.

Default Price Selection
When processing Vendor documents on the form of Purchase Quotes or Requisitions, Purchase Orders or Purchase Invoices, the system will first select any Vendor pricing as set above. Should a price not be available, the system will use either the Last Received Cost, or the Default Item Purchase Cost as defined on the Inventory Masterfile below.

Units of measure
There may be a case where there is a different Unit of Purchase Unit to that of the Unit of Stock as seen in the screen below. Note that this will have no bearing on your Vendor Pricing, noting that your Vendor Pricing will be for 6 of this item (ie Unit of Buy) that will convert to the Unit of Stocking at time of receiving.

Converting Documents
This function above only applies in the case where you are creating a new purchase Document and will not apply where prices have been already set or altered on existing purchase documents that are converted, ie in the case of a Purchase Requisition to a Purchase Order.

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SUP088 – Process Manufacturing

The Process Manufacturing feature is a new Module / Function that works independently from the current Manufacture / Kitting Function found under the Inventory section In Palladium Enterprise. The feature will allow you to Create Jobs, Post Work in Progress in the form of Inventory, Service, Labour and Machinery costs that will remove the items from Stock and post to the WIP Account. On Closing a Job, the total costs get removed from WIP and the finished Goods updated with the respective cost. Below is a list of the Setup and Processing features found in the Manufacturing Module.

Setup

General Ledger Setup
A new Ledger Account needs to be assigned to manage the Work In Progress.

Company Options
Settings have been added in the Company Options function to cater for Imports and the related posting of the WIP from Scales to eliminate any human error or intervention. In addition an option has been added to validate and allow / disallow the over or under issuing of inventory per Work Centre.

Setup Work Centres
The Work Centre function allows you to create steps within the manufacturing process with the ability to assign Inventory Items, Additional Costs, Machine as well as Labour Costs per Work Centre. In addition, a Work Centre could act as a staging area for Quality Control or final commissioning. We also have the ability to track or report on Jobs per Work Centre. As an added value, manufacturing variances in the form of item issuances are managed on a per item, per work centre basis, allowing for greater analysis on efficiencies per stage of production.

Setup Labour
You can set up an unlimited number of Labour Types, each with their own rates and Recovery Accounts. When you set up the rates, the Cost will change proportionately to the quantity on the BOM. Ie should the BOM reflect a quantity of 100 and the variable hourly set at 2 hours, should a job be created to manufacture 1000 items, the variable costs will be 20 (2 / 100 x 1000) hours and the fixed Setup and Breakdown Costs at R300 respectively per the screen below.

Setup Machine Rates
You can setup various Machine types and rates as we do with the Labour rates above, and assign these during the Process WIP process routine.

Setup Bill of Materials
When you setup the BOM, you first define the item to be manufactured, then assign any By-Products that may be associated with this manufacture. Thereafter you will specify the different Work Centres (routing) for this Manufacture. Once you have defined your Operations (or Manufacture Steps), you then need to assign the relevant Inventory / Labour / Machinery / Recovery costs per Work Centre. In the example below you will see that we have selected the Machine Work Centre and the Components assigned to the Machine Work Centre.

Here we have allocated Labour to this Work Centre.

Here we have allocated Machine Time and Costs to this Work Centre.


We can optionally assign Recovery Costs to the process such as Electricity in large Engineering concerns.

BOM Changes / Revisions
The revision option allows you to maintain fill Bill Revisions/changes with the tracking on the revision date of the Job. This facilitates the recall or full recipe tracking of a manufactured item.

Processing Jobs

Creating a Job
To create a job you need to go to the Process Jobs icon and select the Item that you would like to manufacture, as well as the Quantity to Manufacture. In our example below, the BOM was setup for a Manufacture Qty of 21, and we would now like to manufacture 45 items. What will happen is that all quantities as well as variable costs will change proportionately with Fixed Cost Components and Recovery Costs remaining the same.

We can optionally assign Recovery Costs to the process such as Electricity in large Engineering concerns.

Job Status
On creation, the status of the job is “open”. At this stage, the Job can be adjusted and additional items or resources added or removed. Only when Inventory or resources have been issued to a Job, does the status change to Work in Progress at which time the Job is “Fixed” and unable to be amended.

Printing
At this stage the following reports can be printed from the Process Job Function:

  • Job Card – detailing all expected costs and resources assigned to the job by Workcentre.
  • Pick Lists – Bulk Pick Lists per Workcentre – allowing you to prepare the inventory for issuing to the Job.

Job Cost Summary
We have also included a Cost Summary function that records the Actual vs the Theoretical costs on the BOM with the difference being a manufacturing variance that can be reviewed on an ongoing basis.

Posting WIP
WIP can be posted as many times per Work Centre as required. The Issued column below will detail all previous issues for this item for the specific work centre. In addition to this, although the main Job cannot be amended, you can still assign any other Inventory Items or Resources to the Job (ie non-original BOM items) at any stage for substitution purposes. Such items will be highlighted on the Manufacturing Variance.

Transferring a Job
The Job Transfer function sets the “default” Work Centre for that job, allowing users to have a detailed view of what status of production or state that a Job is currently in.

You can also view the status of a Job via the Process Job Function below.

Job statuses can also be viewed through the Production Centre Calendar with the option to filter on the Job Status and / or Work Centre for extensive flexibility.

Closing a Job
A job can be fully or partially closed. When a job is partially closed, because the final costs are not yet known at this stage, Palladium will use the Theoretical Manufacture costs for the transaction with the net over/under cost assignment being allocated when the job is fully closed.

Reporting
In addition to the Reports Mentioned above, we also have the following comprehensive manufacturing reports to record costs and manage efficiencies within the production environment.

Production Variance Report
The Production Variance report will allow you to manage the actual quantity and costs of a Job vs the theoretical quantities and costs on a per Work Centre basis – allowing production manager the ability to identify production inefficiencies easily. This is extended to Inventory Items, Labour Resource, Machine Resources and even general Company Overhead allocations.

Manufacturing Efficiency Report
This report allows you to manage the theoretical output (quantity of manufactured items) vs the actual manufactured quantity.

Resource Efficiency Report
This report allows you to manage the efficiency, or usage, of a Labour or Machine resource over a specific period.

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SUP054 – Understanding Projects in Palladium

Project Setup

Project Information
The first thing you have to do is to create a project. This is found in the Palladium Business Section.

Select the feature and create a Project Number and Name, as well as assign the Project to a Customer as well as to a Profit Centre should the Profit Centres be in use.

At this point, you now need to enter the various information relating to the project. This information ranges from the Status of the Project with the relevant Milestone dates in order to track the status more effectively. The project type refers type, or terms of payment for the Project allowing you a holistic view of the Project status at a glance.

Project Budgets
Palladium allows you to budget costs, revenue as well as item quantities on any given project. The significance of this is that you may well be under cost for a specific item on a project but used 10% over from a quantity point of view. Had we not have been able to budget in this way the effects of the quantity overrun may have been masked by the effects of the effective procurement.

Project Payment Schedule
The payment Schedule Tab allows you to setup and track the agreed progress payments on the job and to manage payments that are contrary to the agreed payment schedule.

Project Contacts
Palladium caters for the ability to create an unlimited number of contacts relating to the project. These could range from your responsible staff, that of your client or sub-contractors ensuring you have the relevant responsible person’s information available when you need it.

Attach all Relevant Documentation
With Palladium’s Project function you can track all information relating to the project with Problem Logs and related resolutions, standard Project Log and notes.

In addition to this, Palladium has the ability to attach all pertinent information and documents to the Project securely with full encryption and security.

Assign Costs and Revenue to Projects
Costs can be assigned to projects from all Processing Documents from Vendor Quotes/Orders and Invoices to Customer Quotes/Orders and Invoices. This facility gives a project manager the ability to report on all Potential as well as Committed costs and Revenue.

If you refer to the screen below, you will see that we are able to allocate costs to Projects only after the document has been saved (recorded). In addition, you are able to track or trace the status of the order using the document status field, situated in the bottom left-hand side of the document.

Once we select the Project Icon, we are able to post the costs to one project or to post them, individually to separate projects offering powerful functionality with complete ease of use.

Extensive Reporting
The Palladium Project Reporting function is not only comprehensive but also uses Terminology used in the industry. We refer to Tenders and Change Orders rather than Sales Quotes offering a Custom application for a very specific industry. Here you can see the extensive list of reports on offer.

Flexible for Multiple Industries
The Project module offers extensive flexibility for it to be used across multiple disciplines and industries for the discerning business that would like to monitor the costs, and/or revenues, relating to a specific project or task. Ideally suited for any business that would like to consolidate or compare the costs and/or revenues across any 2 or more Customer and Vendors.

Use this function to control the profitability of a school fete, the extension or painting of an office in your room of for the construction of a Plant on behalf of one of your customers.

SUP113 – Customer Sales Discounts

The purpose of this article is to explain the use of the applying of Customer Discounts in Palladium Enterprise. The discounts are in the Form of Item Line Discounts and Customer Trade Discounts (Document Discounts).

Item Discounts

There are 2 settings relating item discounts as follows:

Item Discount Matrix
The item Discount Matrix is a Discount Matric that is Applied to a Customer Category vs an Item Category.

Setup
To set this up go to Inventory / Maintenance / Price Discount Matrix. In the screen below you will see that we have 3 customer categories with 5 Inventory Item Categories, each with their own default item discount value.

Processing
When processing a sale for a Customer assigned to the Wholesale Category, the Discounts relating to the respective inventory Category will be applied as seen below.

Item Contract Pricing
This function allows you to set an Overriding Discount per Item Category per Individual Customer or for a Group of Customers based on the value of the Item Sale for that specific item Category.

Item Contract Pricing Setup
To set this up go to Inventory / Maintenance / Contract Pricing. Then select the Validity Date Range for this Special Pricing, then set the price value breaks and overriding discount value for the Inventory Categories. You are not obliged to set the Value Breaks and could have the additional discount apply from the first cent.

In the screen below you will see that we have set an additional discount for Ring Sales between $2000 and $9,999.99 and another from $10,000.

Using the Inclusion / Exclusion function you can include only specific items for the overriding discount, meaning that you could have the special discount relate only to specific items without having to change the Inventory Category as seen below.

The date ranges allows you to set Multiple Pricing Ranges and Variations within the same Discount Matrix Type as seen below. This is the same as the new date-base Customer Pricing in Palladium as seen below as well as on the Trade Discount Matrix below.

Assign Contract Price to Customers
Once we have set up the contract pricing we need to assign the Pricing to a Customer. To do this simply go to Customers / Maintenance / Settings Tab and navigate to the Contract Pricing section as seen below.

Processing
When we process a sales document with the value for rings over $10,000 you will see that the discount has increased to 12% for this Customer.

Customer Trade Discounts

These discounts are applied on a per Customer basis and applied as an overall Document Discount. We have 2 Types of Trade Discounts in the form of General Customer Trade Discounts and a Trade Discount Matrix.

Setup
To set this up, simply go to Accounts Receivable / Maintenance / Customers / Settings Tab and navigate to the Trade Discount section as seen below and enter the discount value.

Processing
Once Set, the discounts will appear on all sub-total of the sales document (net of item discounts above) as seen below.

Trade Discount Matrix
This function is similar to that of the Item Trade Discount Matrix in that it allows for a variable Trade (Document) Discount with the ability to Include and Exclude specific items.

Setup
To set up the various Trade Discount Matrix Types, go to Accounts Receivable / Maintenance / Trade Discount Matrix Types. Like we had previously you can set the selected items in which you would like included in the additional “overall” discount structure as seen below.

Assign to Customers
To assign this Matrix to your Customer(s), simply go to Accounts Receivable / Maintenance / Customers /Settings Tab and navigate to the Trade Discount section as seen in an earlier screen assigning the relevant Matrix type.

Processing
Once we have setup all we do is to process an invoice with the respective value and the Trade discount will adjust Dynamically as seen below.

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