INFOCUS 22: Advanced Pricing and Advanced Preferences for Finance
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Posted by Quest Customer Learning Team
- Last updated 11/22/22
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Presented at INFOCUS 22
Session ID:101000
Finance users should know about Advanced Pricing as well as our friends in Distribution! There is basic functionality available in Advanced Pricing that can alleviate downstream challenges in AR and AP processes, and Advanced Preferences give us the flexibility to maintain excellent Distribution processes while also accommodating the needs of the Finance team.
This session will showcase some real world solutions used to make sales order and purchase order processing meet business needs in Finance.
Objectives
• Advanced Pricing in Sales – show how we can apply price adjustments without affecting margin/tax/cash discounts, and accommodate GL visibility to pricing adjustments. We’ll also look at generating accruals from advanced pricing.
• Advanced Preferences in Sales – how can use of simple Preference setup make sales order processing more streamlined while still supporting good process? We’ll look specifically at use of the Revenue Business Unit and how preferences allow us to use customer, item and sales order attributes to drive GL distribution.
• Advanced Pricing in Procurement – we will take a look at how pricing rules can accommodate Finance requirements, including as a more flexible alternative to using Landed Cost processing.
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