Download Oracle Inventory User's Guide

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Hazard Class
ORACLE PURCHASING ONLY
Oracle Purchasing uses hazard classes to identify categories of
hazardous materials for international trade purposes. See: Defining
Hazard Classes, Oracle Purchasing User’s Guide.
List Price
ORACLE PURCHASING ONLY
Enter the value that Oracle Purchasing uses as the default price on a
purchase order, requisition, RFQ, or quotation.
Oracle Receivables uses this value as the default unit selling price on a
transaction. Note that this is the original inventory item price used by
Purchasing and therefore should be used as a guide only.
When performing supplier inventory replenishment, a List Price must
be specified in order to automatically generate a requisition.
Market Price
ORACLE PURCHASING ONLY
Enter the market value for an item. Oracle Purchasing copies the market
price to the purchase order lines you create.
Price Tolerance
ORACLE PURCHASING ONLY
Enter the price tolerance percent, the maximum price percentage over
the normal price range for an item. For example, if the tolerance percent
is 5, the maximum acceptable price on a purchase order is 5% over the
requisition price. Any purchase order price 5% above the requisition
price is unacceptable, and you cannot approve the purchase order.
Rounding Factor
ORACLE PURCHASING ONLY
Enter a number between 0 and 1. This factor determines how to round
the quantity on an internal requisition that results from conversions
between the requisition line unit of measure and the item’s Unit of Issue.
This factor insures that the unit of issue resolves to an integer, rather
than a fractional amount.
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Oracle Inventory User’s Guide