Create Price Calculation

[Former Member]

Hello Friends,

                     Error during price calculation : No vendor could be determined for the article (e.g., 0000###)

Please share some knowledge.

Thanks & Regards,

Jove

[amit_tunara · Accepted solution]

Hi Jove,

Retail price calculation works on simple process. It determine your purchase price and allows you to maintain markup on the purchase price to get final Selling price.

From error, it is very clear that, system is not able to determine the landing cost (purchasing cost) for an article. There is no info record exists to relate your article to any vendor. Kindly create the vendor in the purchasing organization and maintain purchase price through an info record. Once you do the same, the retail price calculation will work properly.

Let us know if you need any further information.

Regards,

Amit

[Former Member]

Hello Amit,

                 You suggest to create the vendor in the P. org and maintain purchase price through an info record. Can you please let me know the steps to do it. Because that's where I want to learn how?

Thanks & Regards,

Jove.

[amit_tunara]

Hi Jove,

The vendor can be created using transaction XK01 and you need to maintain the general data, purchasing data and company code data for the vendor. In Purchasing data you need to maintain the data for your purchasing organization.

Once the vendor is there, you can create info record either from Purchasing view of article master of using a transaction code ME11. Provide the purchasing price here.

This will solve the issue.

Regards,

Amit

[Former Member]

Here already price is maintained. I used the same article for price calculation exercise.

What does this mean? And how to proceed from here?

Thanks for all your help.

[amit_tunara]

Hi Jove,

The screen shot clearly indicates that your issue is fixed and the price calculation is displayed in your second screen shot. From purchasing data, it has picked up a purchasing price of 50.00 and then VKP5 screen, allows you to maintain the markup.

You can enter desired markup in % in the Mark Up % field. So if you enter 10%, system will calculate 10% of purchasing price and display the final selling price as 55.00. It will also display Gross Margin (GM%) with 55.00 as selling price. So you can also enter your desired gross margin and press enter. You can see the other fields changing automatically.

I hope this will help.

Regards,

Amit