Written by Klee

Title	Advanced Pricing
Length	5 Days
JDEtips University Registration and Course Pricing	Next available date: October 27-31, 2008.  Register Now.  Or contact Lori Stone, Training Administrator: 1.877.832.2594 ext 150 or Lori.Stone@ERPtips.com
Onsite Courses	Available upon request. Please contact Sandy Acker, ERP Solutions Manager at 1.877.832.2594 ext 140 or Sandy.Acker@ERPtips.com.
Delivery	Group-Live, Instructor-led classroom training with hands-on exercises and one workstation per student.
Who Should Attend	Pricing Administrator/Coordinator -- typically does the daily entry of new prices and helps test new setups Pricing Manager -- typically supervises the Pricing Administrator and is the key functional business owner/user Customer Service Manager - usually in charge of sales order entry--and orders have to get the right price IT Business Analysts - there's usually one in charge of Sales/Pricing from an IT perspective IT Project Manager
Prerequisites	Basic knowledge of JD Edwards EnterpriseOne Advanced Pricing Application – six months work experience preferred.
Level	Beginner / Intermediate
Advanced Preparation	None
Objectives	After attending this course, students will be able to: Understand the basic and advanced functionality of the JD Edwards Advanced Pricing module, and also understand the limitations of the software. Topics covered include: best practices in creation of Price Schedules, Adjustments, Hierarchies, and Price Details are covered in detail the first day. Subsequent days cover many advanced topics such as rebates, free goods, order and basket repricing, and line level charges. Creative uses of the software are also covered such as: Using the mandatory adjustment flag to prevent user mistakes, and "Preference-driven" pricing. Many "gotchas" are also covered in detail--saving you from wasting time during your implementation of this module. All 25 major enhancements added in recent releases are also covered.
APICS / CMA / CPE / CEU Credits	40

Specific Objectives

Overview

Students will be able to analyze basic requirements for base prices, contract pricing, and promotional discounts.  The analysis will include understanding how the sequence of price adjustments affects the net price, how hierarchies control the way the system finds price details, and how price overrides work.  In addition, students will:

• Be able to setup the Pricing Constants to work for their business cases.
• Understand how the Price Hierarchy works in searching for the most specific item/customer price first, then group prices, then an “All” price as the default price.
• Become proficient in knowing when and how to setup Item Groups, Customer Groups, and Order Detail Groups.
• Become proficient in setting up Price Adjustment Definitions that correctly form the basis for finding the price.  They will also learn the pros and cons of using Advanced Pricing vs. Base Pricing for the Base Price.
• Understand the basic functionality of Price Schedules and how to add Adjustment Definitions to a Price Schedule.
• Learn how to add Price Adjustment Details that generate the correct price.  They will learn to enter a large negative quantity as the starting point for manually created credit orders.
• Learn how to attach the Price Schedule to the customer Billing Instructions.
• Test their setups by entering sales orders and checking the price found by the system.  Students will learn commonly used debugging steps to figure out problems they may encounter when testing their setups.
• Learn the proper sequence of the seven steps to successfully completing their setup of Advanced Pricing.
• Process Sales Orders through the Order to Cash cycle to understand the options available to print or not print adjustment details on Invoices.
• Learn how to view the Price History data stored at the Sales Order detail level.

Advanced Adjustments

Students will learn commonly available techniques such as weight-based formulas to calculate freight charges using Advanced Pricing. They will demonstrate their knowledge by completing a detailed Freight Exercise in the manual.  In addition, Students will:

• Learn the functionality and differences of Order Repricing and Basket Repricing, and learn common applications of both functions.
• Learn best practices that handle repricing orders in situations where a different quantity is ship confirmed (compared to the order quantity).
• Learn how to handle requirements for Pallet Fees and other special charges at the line level.
• Learn the basics of the automatic rebate generation process within Advanced Pricing.
• Learn advanced Rebate topics such as “catching up” a customer who wasn’t properly setup at the beginning of the period, sliding rate calculations, rebate accounting, and creative uses of negative rebates.

Advanced Tips

In the Advanced Tips segment of the course, students will:

• Learn how to setup and execute Preferences that drive values into the Sales Order detail line, and that also drive Pricing.
• Learn how to properly setup Advanced Pricing to handle Multi-Currency requirements, through either automatic conversion rates or specific currency prices.
• Learn how to correct pricing mistakes by running the Update Sales Price/Cost program.
• Learn how to temporarily price orders for which prices are not set, and then automatically price them after Ship Confirmation.
• Learn how to price items in different Units of Measure.  Strategies include doing a straight price conversion and also having a different price per unit of measure.
• Learn how the “Mandatory Adjustments” feature of Advanced Pricing provides an excellent method of restricting sales of certain items to particular customers.
• Learn how to setup and process price changes through Price Approval Processing.
• Learn the functionality and common misconceptions about the Generate Customer Price and Generate Item Price programs.
• Learn best practices in handling “Net/Net” pricing requirements.  They will learn an available “workaround” to meet this requirement.
• Learn the functionality associated with Effectivity Dates in Advanced Pricing.  They will be able to articulate which detail record will be used when there are overlapping effective dates on different Price Detail records.
• Understand how Kits are priced and how discounts for Kits are handled by Advanced Pricing.
• Learn the pros and cons of using Advanced Pricing for Procurement (Purchasing).
• Learn best practices for protecting prices from being changed by the users.
• Learn what features of the software control Transfer Pricing between warehouses.

Gotchas

The JDEtips Mastery Level Advanced Pricing Workshop adds value to the learning experience through a review of areas that typically present challenges to the users.  On completion of this course, students will be prepared to meet the following challenges:

• Changing Category Codes Values in the Address Book vs. the Customer Master (EnterpriseOne Only).
• Turning Multi-Currency On/Off After Prices are Entered.
• Changing Order Detail Groups After Prices are Entered.
• Removing Blank From the Adjustment Names UDC.
• Doubling Up on General Ledger Units.
• G/L Class at the Adjustment Definition Level.
• Assuming Every Incoming Field in EDI Files is Moved up to the Live Sales Order Files.
• Credit Orders and Quantity Breaks – Why it is Complicated.
• Use the Same Number of 99999s in the From Quantity.
• Cross Footing Problem With Invoice Print.
• Check Price and Availability – Learn Why You Have to and Don't Have to Enter an Order to Check a Price
• Do not Purge Price History in Sales Update.
• Trying to Use Current Net Price in Formulas.
• Dependent Accruals

Technical

Students will take away sufficient understanding of the following technical aspects of Advanced Pricing to either manage these areas themselves or to provide advice to their more technical counterparts after the class:

• Referential Integrity and Pricing – Things You Really Shouldn't Do.
• Understanding System Functionality and Design.
• How The Pricing Server Works – What Happens When You Hit Enter?
• Learn About Advanced Pricing's Hidden Files.
• How to Import Prices from Excel.
• Connecting Standalone EnterpriseOne to the Access Database in the Windows 2000 Environment.
• Turning on Aliases (Field Names) in EnterpriseOne.
• Basis Code 8 – How to Program a User Exit to Calculate and Return a Price.

Extra Topics

• World versus EnterpriseOne Advanced Pricing.
• Changing the Number of Decimals on Unit Price Fields.
• Copying Item Master and Item/Branch Records.
• Implementation Tips and Interview Questionnaire

Go to www.JDEtips.com/Register.asp to register for the next JDEtips University public class.

For more information on JDEtips training, please contact our ERP Solutions Manager, Sandy Acker, at Sandy.Acker@ERPtips.com or call Sandy Toll-Free (US and Canada): 1.877.832.2594 ext 140 or International: 1.972.964.1969.
 

If you have a general scheduling or Admin question about your class, please contact our Training Coordinator, Lori Stone, at Lori.Stone@ERPtips.com or call Lori at 1.877.832.2594 ext 150.