Price Type Application Sequence
Order in which the value associated with a Price Type is applied when calculating the net invoice price.
- The application sequence is always 1 for the parent price (generally the List Price)
- The application sequence is 2, if the calculation is based on the relevant price in Price Type Application Sequence 1.
-The application sequence can be 3 or more, if the calculation is based on the prior subtotal (cascade)
Example 1:
List Price Application Sequence = 1
Warehouse Allowance (5%) Application Sequence = 2
Trade Allowance (6%) Application Sequence = 2
List Price $100
Warehouse Discount 5%
Trade Discount 6%
Example 2:
List Price Application Sequence = 1
Warehouse Allowance (5%) Application Sequence = 2
Trade Allowance (6%) Application Sequence = 3
List Price $100
Warehouse Discount 5%
Trade Discount 6%
Zero is not a valid value for this field
Negative values are not allowed in this field.
If Price Type is ALLOWANCE or CHARGE, this value must be greater than 1.
If your pricing model does not include allowances or charges, only the application sequence 1 is required.
If your pricing model includes allowances and/or charges, but does not apply cascading pricing, use application sequence 2 for all allowances/charges
Metcash / Metcash ALM
If there are multiple allowances for a price, cascading application sequence must be used as detailed in example 2 shown above.