Use this screen to establish commodity codes and their descriptive names and to set up a default receipt tolerance, buyer, and planner. You will use the commodity code to group similar parts, goods, and/or services together.
Set up this screen during initialization and maintain it whenever commodity codes are established or modified.
Enter a commodity code. You will use commodity codes on the Manage Parts, Manage Services, and Manage Goods screens to identify how an item is grouped. This field is required.
Enter a description of the commodity code.
Select this check box to indicate that the commodity code is active. This defaults to selected, otherwise clear the check box if the commodity code is inactive.
Use this group box to enter defaults for this commodity code when it is used in a purchase order.
Enter a default percentage by which PO receipts are allowed to exceed the ordered quantity. When entered for items, receipt tolerances are automatically calculated when the item is processed in Costpoint Receiving. If the Use Receipt Tolerance check box is selected on the Configure Product Definition Settings screen, this percentage becomes the receipt tolerance default for new items. If the Use Receipt Tolerance check box is not selected, this field is set to 0.00% and disabled.
Enter, or click 
to select, a planner to serve as the default planner for any part classified with this commodity code. The planner is the person responsible for planning replenishment of this item. The planner must be established on the Manage Planners screen in Production Control. After you select the planner ID, the planner name displays in the unlabeled field to the right.
Enter, or click to select, a valid industry classification code. Industry classifications must be established on the Manage Industry Classifications screen in Product Definition or Purchasing. After you have selected the industry class, the industry classification description displays in the unlabeled field to the right.
Enter, or click to select, a buyer to serve as the default buyer for an item when this commodity is selected. The buyer must already be established on the Manage Buyers screen in Costpoint Purchasing. After you have selected the buyer ID, the buyer name displays.
Enter, or click to select, a valid NAICS code associated with the commodity. Establish NAICS codes on the Manage NAICS Codes screen. When you enter a valid NAICS code, the NAICS code's description displays in the non-editable field next to the NAICS Code field.
This field displays the description of the NAICS code.