Averages Tab

The Averages tab displays the following fields in a table format. Performance averages for all vendors listed appear in the first row of the table.

• Average Days to Receive
• Average Discount
• Average Order Price
• Average Paid Price
• Fiscal Cycle
• Vendor ID
• Vendor Name

The following fields are defined for the Averages tab.

Average Days to Receive

This statistical field displays the average number of days that passed before the ordered item was received by the library.

Average Discount

The discount is the difference between the order price and the paid price. SirsiDynix Symphony calculates the average discount percentage based on the difference between the ordered price and the paid price. If the library does not link invoices to orders, this field remains blank or displays as N/A. A negative discount amount indicates that the average price paid was greater than the extended order price.

Average Order Price

This field contains the average price of orders from this vendor.

Average Paid Price

This field contains the average price paid for items ordered from this vendor.

Fiscal Cycle

Each vendor cycle must be identified by a fiscal cycle that specifies the chronological period to which this vendor cycle belongs. Since this can be a 1-5 digit number (such as 2004 or 12004, 22004, 32004, and so on), it doesn’t matter how your funding period is set up; quarters, semesters, calendar years, or fiscal years.

Vendor ID

Each master vendor record must be assigned a unique identifier (ID). This identifier is used throughout acquisitions and serials WorkFlows to help you quickly identify the vendor. The ID may be up to 20 characters long. For instance, Baker & Taylor might be referred to as BAKER. Publishers have an international standard number (the first digits of the ISBN) assigned to them and the library might want to use this as the vendor ID. For example, the vendor ID for Pierian Press might be 87650.

Note: Vendor IDs must not contain spaces.

Vendor Name

The vendor name is a description of the vendor ID. For example, the vendor ID BAKER could be defined in the name field as Baker & Taylor.