Price The unit cost of the item expressed in the supplier’s unit of measure. See Also Discount Rate The discount rate applied to the price. The system applies the discount rate when pricing a purchase demand or purchase order line. Prices are often reflected as a standard or common cost for all customers. However, pricing typically differs on a customer-by-customer basis, depending on criteria such as volume of purchases, goodwill, and special deals to secure business. See Also Discount Applied Select when the discount should be applied: when the resource is ordered (on the purchase order line) or when the resource is invoiced (on the invoice line). See Also Price is in effect from The start date when the price is effective. Click the calendar to select the appropriate date. If appropriate, you can also select the ending date for the price. Prices are only available for use during their effective period. See Also Expiry Date The date the price expires. Click the calendar to select the appropriate date. If the price has no expiry date, leave this box blank. Prices are only available for use during their effective period. See Also Reference The reference number the supplier uses to identify this price. Each supplier resource price can have a different reference number that is separate from the supplier’s product number. See Also
