Maintain Defense Item Prices
Explanation
Use this activity to establish or maintained prices for items connected to a defense contract order. It is possible to setup prices in different ways for a parent item and its sub-items.
- Summarize Item:This is a setting for an item that works in conjunction with the NSP (Not Separately Priced) setting. An item defined as a Summarize Item will hold the total price for the item itself and all other items defined as NSP which all are linked to the same Parent Line Item (this also applies to the Parent Item itself, if set to a Summarize Item or NSP);
Total Price Summarize Item = Unit Price Summarize Item x Sales QuantitySummarize
Item+ 
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There can only be one Summarize Item per group of items related to the same Parent Line Item.
- NSP (Not Separately Priced): Not Separately Priced items are often used in procurement documents that require goods or services to be separately tracked and managed. However, the cost of these goods is not separately tracked as they have no specified value. If an item is defined as NSP then its price will be included in the Summarize Item, still it is represented by a separate customer order line but with unit price zero.
- Lock Price (Freeze): If this option is selected, the price/currency will not be recalculated even though the quantity changes. This is useful when a price has already been agreed upon between the contractor and the customer. The customer order line will hence be set to Price Freeze and a recalculation of calculated price/currency will not have any impact on the agreed price. Neither will it be possible to manually update the Unit Price or the Total Price if Price Freeze is enabled for the item.
Note: Sales prices is maintained directly on customer order line. Prices for the items on defense contract order is only retrieved from the connected customer order line, i.e. prices cannot be manually updated directly on the defense contract.It is possible to combine the settings Price Freeze and Summarize Item but NSP cannot be combined with any of the other price settings.
Prerequisites
This activity requires that a Defense Contract Order exists in status Active and has at least two items connected, one parent item and one sub-item.
System Effects
As a result of this activity:
- Additional contact persons are listed for a Defense Contract Order, information required for the Order to create valid iRAPT messages.