Price List based on the Products

Overview

Proper Planning to raise a Po is essential for an enterprise to manage the efficiency and productivity. However managing cost efficiency is challenging while purchasing new equipments for an existing system. By Using this Tentative Price List add on, we can manage the cost of purchase items by fixing a base amount to a referring product. Thus it could actually save the cost of the determined expenditure and helps to forecast the amount to be spend in the future.

Step 1: Choose the parent products and quote the target amount.

Step 2: Confirm the Tentative price list.

Step 3: Now choose the child products and map it with the respective parent products.

Step 4: Put a PO or RFQ according to your tentative pricelist the remaining amount will be shown in the Remaining TPL amount column.

Advantages of using TPL module

Cost estimation for PO can be predicted

Specific budget for a purchase can be done

The amount spent on a particular product in different PO can be seen through TPL

Future forecasting for a periodic maintenance can be achieved easily

Cost efficiency and productivity gained will result in economic growth