The value of inventory received is reversed out of the Serial Inventory general ledger journal file, and the actual invoice value is entered. They may include stocking and non-stocking inventory. When orders are entered into the computer, the inventory is checked. If the product is obsolete, it may be sold if available, but cannot be reordered. If an obsolete part has no stock, it cannot be sold.
Pricing is determined first by special pricing for the specific product for a specific customer.
If the product has no special pricing for the customer, then group level pricing is checked. The customer file has a price group code, and if that code is in the price file, it determines the price. If this is not the case, then quantity break pricing is used. Items may be charged sales tax on a line by line basis. Once the order is entered, a picking ticket is printed and the order is filled.