Price Lists

Price Lists provides a central place to set all promotional prices, specials and adjustments. This module allows you to set special selling prices or adjustments (specials) for Materials and Services which are linked to specified Customers or Customer Categories. These prices will be applied when items are added to a Sales Quote, Sales Order or to a Point of Sale (PoS) Order.

Find more about Price Lists in the Materials Module.

Discover Price Lists

Note

Make sure to firs set-up Materials & Inventory.

Price Lists Data Grid

Navigation

Main Menu > Setup > Price Lists > View

The data-grid in Price Lists is populated with the parameters set in the Price Manager. See below:

Price Manager

Navigation

Main Menu > Setup > Price Lists > New/Edit

1. Type - This field determines whether the price adjustment is valid for a Material, Service, Material Category or for a Service Category. Options include:

    • Selling Price - Material Item
    • Selling Price - Material Category
    • Selling Price - Service Item
    • Selling Price - Service Category

2. This field is where you define the Type selected. This drop-down list will populate with the Items or Categories in relation to the Type selected.

3. Unit - Here you can select the Unit of Measure, the Unit field only applies to Material Items. This field will be grayed out if any other Type is selected.

4. Scope - This field determines which Customer/Category the Special will be applied to. Options include:

    • Customer
    • Customer Category

5. This field is where you define the Scope selected. This drop-down list will populate with the Customers or Categories in relation to the Scope selected.

6. Set - Depending on the Type and Scope settings, you are able to choose between setting an Adjustment % or a Fixed Price. Fixed Prices can only be set when a Specific Material or Service Item has been selected in the Type field.

7. Adjust (%) - Here you can enter the adjustment percentage value. A negative value will result in a discount price.

Ranking Order

Because there might be instances where duplicate prices exists for an item, a ranking order has been established against which the Price Manager is checked from highest to lowest as follows:

  1. Material/Service Item + Customer
  2. Material/Service Item + Customer Category
  3. Material/Service Category + Customer
  4. Material/Service Category + Customer Category

The highest ranking price is the one that will be applied.

Validity - Unit & Currency

Specials for Material Items will only apply when the item is sold in the same Unit against which the Special is loaded. If a Fixed Price is set, it will only be used if the currency of the Special matches the currency of the transaction.

How to set-up Price Lists

Watch this short video on how to set-up Price Lists.