The pricing options provide automatic price calculations when assigned to an item. Each time a sales order is entered or the Price Lookup button is used, the system checks for the item's pricing schedule in the following order:
Priority
Pricing Method
Derives From
1
Sales promotion
Pricing defined in Sales Promotion Maintenance. This method has priority only if a sales promotion is in effect for the current date and the promotion price is the best price available.
2
Contract pricing based on the customer number for this item
Customer price schedule defined in Item Pricing Maintenance or Customer Pricing Maintenance.
3
Item pricing for this item based on the customer's price level OR item pricing for this item based on the item
Item pricing by customer price level defined in Item Pricing Maintenance that matches the price level defined for the customer in Customer Maintenance, or item pricing by item if a customer price level is not defined for the customer in Customer Maintenance.
4
Pricing for the item's price code based on the customer's price level
Price code with price level defined in Price Code Maintenance that matches the price code defined in Item Maintenance and the price level defined in Customer Maintenance.
5
Standard pricing for the item's price code
Price code with no price level defined in Price Code Maintenance that matches the price code defined in Item Maintenance.
6
Standard price of the item
Standard price defined in Item Maintenance.
When the pricing option assigned to the item and/or customer is found, the per-unit price is calculated.
