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FlexPoint uses the pricing applications to define and determine the prices, incentives and taxes of orders processed through the order entry system.
The pricing application supports the set up and maintenance of multiple price lists or catalogs. You can create different price lists for individual customers, customer groups, buying groups and vendors. Each price list has a defined start and end date enabling the system to support price lists for time-sensitive promotions or flyers. Pricing by package quantity and order volume are also features in the pricing module.
Incentives can be defined to control any additional costs, charges or promotional considerations that may impact the value of an order, order line or invoice. In traditional systems, incentives, if handled at all, were limited to sales or marketing based promotions. Most of these promotions had to be specially programmed into the software code. In FlexPoint, you can define and implement all incentives, and the set of conditions that determine how and when they apply, without the intervention of system designers and programmers. Furthermore, the scope of what constitutes an incentive includes commissions, and extra charges that apply to transactions. Some typical types of incentives include free goods, discounts, service charges, freight charges and sales commissions.
Up to 5 different levels of taxation per invoice (account) may be defined using flexible taxation rules to determine the eligible tax jurisdiction of an account (customer, vendor or warehouse). Tax exemption rules are then used to define the conditions when a particular tax is not charged.
"Prices" is part of the FlexPoint ERP System line of products, developed by Spensa Business Applications.