w3. Pricing Logic of What Is a Sale and a Purchase Flashcards
(15 cards)
What are the main grade classes used in the waste management software?
Waste, scrap, products, and knocks.
Which grade class is used only in the Wheeliebin module?
Products.
How does the system treat the collection of waste by default?
As a sale.
When does the system treat a waste transaction as a purchase by default?
When waste leaves the client’s facility or is tipped at a third-party site.
What symbol is used to reverse the default sale/purchase logic in the system?
The minus sign.
Why might a client choose to categorise all their grades under ‘scrap’ instead of ‘waste’?
Because their business model aligns better with the scrap logic, where collecting is usually a purchase and disposing is a sale.
How does the system handle flat charge price entities that do not involve a grade?
The default logic does not apply; a positive number creates a sale, and a negative number creates a purchase or discount.
What happens if a user enters a minus sign for a price entity involving a grade?
The system reverses the default logic for that transaction (sale becomes purchase, or vice versa).
How are purchases visually indicated in the management screen?
Purchases are highlighted in red.
Why are the grade class names not critical for customer-facing documents?
Because the names are only visible internally and not shown to customers.
Explain the default logic for the ‘scrap’ grade class when scrap is collected and when it is disposed of.
When scrap is collected or brought in, it is treated as a purchase by default; when it leaves the facility (disposed of or sold), it is treated as a sale by default.
Describe a scenario where reversing the default logic using the minus sign is necessary.
If a company collects cardboard (set up under waste) and pays the customer a rebate for it, the minus sign is used to indicate the transaction is a purchase, not a sale.
What are the potential drawbacks of the current logic system that relies on grade classes and minus signs?
It can be confusing for users, especially if their business model does not align with the default logic, and it increases the risk of errors if users forget to use the minus sign.
How could the system be improved to reduce confusion around sales and purchases?
By adding a simple radio button or toggle to select whether a transaction is a sale or purchase, eliminating the need for minus signs.
Why is it important to check and edit transactions in the management screen?
To ensure that each transaction is correctly classified as a sale or purchase, preventing billing errors and ensuring accurate financial records.
