In the item/supplier master, which prices override the item master prices?

In the item/supplier master, which prices override the item master prices?

• A. Supplier invoices
• B. Item/supplier master prices
• C. Purchase order prices
• D. Requisition order prices

Answer: (B)

In the context of the item/supplier master, the prices that override the item master prices are the item/supplier master prices. This is because the item/supplier master maintains specific pricing for individual suppliers that may differ from the general prices outlined in the item master. By having a dedicated price structure for each supplier, the system can accommodate variances in pricing negotiated with different suppliers and ensure that the pricing used in transactions reflects these agreements. The item/supplier master prices provide a more tailored pricing arrangement that can cater to discounts, contractual agreements, or unique pricing strategies that might not be captured in the broader item master. This setup is crucial for ensuring that accuracy in pricing is maintained across purchases from various suppliers, ultimately impacting the overall procurement process and financial transactions involved.

In the context of the item/supplier master, the prices that override the item master prices are the item/supplier master prices. This is because the item/supplier master maintains specific pricing for individual suppliers that may differ from the general prices outlined in the item master. By having a dedicated price structure for each supplier, the system can accommodate variances in pricing negotiated with different suppliers and ensure that the pricing used in transactions reflects these agreements.

The item/supplier master prices provide a more tailored pricing arrangement that can cater to discounts, contractual agreements, or unique pricing strategies that might not be captured in the broader item master. This setup is crucial for ensuring that accuracy in pricing is maintained across purchases from various suppliers, ultimately impacting the overall procurement process and financial transactions involved.