Skip to Content
author's profile photo Former Member
Former Member

Create Price Calculation

Hello Friends,

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

Please share some knowledge.

Thanks & Regards,

Jove

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

  • Best Answer
    Posted on Jan 04, 2014 at 07:30 AM

    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

    Add a comment
    10|10000 characters needed characters exceeded

    • 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

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.