Among the Top Features in SAP Business One the Vision33 TOTAL CARE Team has selected Advanced GL Determination, Inventory Counting and Bin Locations as key features to keep an eye out for in the latest release of SAP Business One. In continuing with the list, the Vision33 TOTAL CARE Team has selected Multiple Units of Measurement (UoM) and Pricing as the fourth feature in the Top 5 Best New Features in SAP Business One. Multiple UoM grants the ability to assign unlimited global and product specific UoM which provides a high degree of operational flexibility for small businesses who buy, sell, ship and receive products on a global scale. In conjunction with assigning Multiple UoM to products, SAP Business One allows you to assign specific pricing conventions based on the UoM, such as Group Discounts.
The following series of screen captures guides you through key features in SAP Business One where Multiple UoM has the greatest impact. Watch the full webinar for more a detailed example of Multiple UoM showcasing Gross Profit Analysis, Price Reporting and Group Discount Reporting capabilities.
Units of Measurement - Setup
Administration -> Setup -> Inventory -> Units of Measurement
SAP Business One is equipped with an unlimited number of global and product-specific UoMs such as Length, Width, Height, Volume, Volume Unit of Measurement and Weight which you can assign to a specific UoM Code and Name.
Units of Measurement Groups
Administration -> Setup -> Inventory -> Unit of Measurement Groups
UoM Groups are setup for products that can be bought, sold, shipped or received in multiple UoMs. Essentially, it’s all of the measurements defined within the group for a base product. All of this is done within the Group Definition for the base product by assigning Alt. UoMs for that product. For example, the if the base product is a Ream of printer paper (500 sheets by 8 1/2x 11), you can build off of this base measurement and create an Alt. UoM “Box of 10” which is 10 Reams or “a Pallet of 200” which would be a pallet of 200 Reams - This is an example of 3 different units of measure for one base product.
Item Master Data
The Item Master data is one of the main areas where all of the information regarding products in a particular Item UoM Group will be found. Use the Link to UoM option to link an item to a particular UoM Group as defined in Group Definition – Setup.
Some new features include:
- Create unique bar codes for each UoM so they can easily be identified and tracked
- Define the Pricing of each UoM as well as a discount % based on the quantity bought.
- Previously in SAP Business One, if you wanted to sell items in different packet sizes you would have to have different SKUs for each packet – In SAP Business One we can have one SKU with several different packet sizes.
- Setup a Unit Price based off a primary currency and 2 additional currency type
Pricing - Discount Groups
Inventory -> Price Lists -> Special Prices -> Discount Groups
There have been many pricing changes in SAP Business One, but one of the most notable changes is the ability to setup Discount Groups. This can be done for a specific customer or group of customers based on Item Groups, particular Item Properties, Manufacturers and Items.
SAP Business One provides an exceptional platform that connects all aspects of your business in one easy-to-use platform. Having the ability to assign Multiple Units of Measure to your products provides greater flexibility when buying, selling, shipping or receiving products from all over the world.
Visit the Vision33 TOTAL Care Tips and tricks page for more information on SAP Business One.