Setting Up Vendor Contract Costs

Add Vendor Contract Costs records to assign vendor prices to your inventory items. More...

Vendor contract costs appear as defaults when you add purchase orders, receipts, invoices, returns, and credit/debit notes. If no contract cost exists for an item and vendor, Purchase Orders displays the default item cost specified in the P/O Options screen.

Tip: You can view all vendors’ contract costs in the Unit Cost item Finder in the Purchase Order Entry, Receipt Entry, Invoice Entry, Return Entry, and Credit/Debit Note Entry screens.

To add vendor contract costs:

  1. Open Purchase Orders > P/O Setup > Vendor Contract Costs.
  2. Click New to start adding vendor contract costs.

    Tip: If reviewing costs, choose whether to view costs for an item number or a vendor.

  3. On the P/O Vendor Contract Costs screen that appears next, enter the vendor number for which you want to set up contract costs, or select it using the Finder.

  4. Select the first item number for which you want to enter costs.
  5. Fill in the cost, discount, and tax information for the item.
  6. When you have finished adding contract cost information, click Add.