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You are the purchasing manager at a manufacturing company that makes audio equipment.
You sign an agreement with a vendor to purchase 5,000 speaker cables, item C0001, at a discounted rate of
$3.00 per cable. This agreement expires in exactly one year.
You need to set up pricing information and track the fulfillment of the agreement.
Solution:
* Create a trade agreement journal of type Price (purch.).
* Add a line for item C0001 for the vendor.
* Enter a unit price of $3,00 for a quantity up to 5,000 and enter an expiration date for next year.
Does the solution meet the goal?