View and modify stores associated with parts to review or update store information for a part.
The PRICELEV installation parameter determines the manner in which the system records prices for parts. The default value for PRICELEV is P, which indicates that prices are recorded at the part level, enabling you to specify the price for a part at the parts level on either the Record View page of the Parts form or the Prices page of the Parts form depending on whether you are using MOS. If PRICELEV is set to S, part prices are recorded at the stock level on the Stores page, enabling you to specify different prices for the same part in different stores.
If PRICELEV is P, the system disables Price Type, Average Price, Last Price, Standard Price, and Base Price fields and hides them on the Stores page of the Parts form.
You can change Price Type for a part as necessary. However, if there is a quantity of the part on hand and changing the price type affects the base price of the part, the system records a MPTC stock transaction for the part. If there is no quantity of the part on hand or if changing the price type does not change the base price of the part, the system does not record a transaction for the price type change.
If there is a current quantity of the part on hand and you update the price type to last in first out (LIFO) or first in first out (FIFO), the system creates a stock record for the part in the R5FIFO table part and sets Average Price to the Base Price. The stock record includes the quantity of the part on hand and the price. If there is no quantity on hand, the system does not insert a record into the R5FIFO table.
If you change the price type from LIFO or FIFO to average, last, or standard, the system deletes the record of the part from the R5FIFO table. If any of the price fields are null, the system considers the price to be zero.
Additionally, if there is a current quantity of the part on hand and you change the price type to standard or last and then specify a Standard Price, the system records both a MPTC and CORR stock transaction.
Preferred Store and Preferred Supplier are used for automatic requisition generation for low stock items. Selecting a Preferred Store indicates that the requisition type for the part in store is a Store-to-Store transfer. Because Preferred Store and Preferred Supplier provide different information for a requisition, you can specify either a Preferred Supplier or Preferred Store. You cannot specify a value for both. Selecting a Preferred Supplier indicates that the requisition type for the part is Goods Requested. Selecting a Preferred Store indicates that the requisition for the part should be Store-to-Store.
To view and modify stores associated with parts:
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Select Materials > Parts.
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Select the part for which to modify store information, and then click the Stores tab.
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Select the store for which to view or modify information.
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Modify store information for the part as necessary.
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Click Submit.