The Price Levels feature enables businesses to apply across-the-board discount to a specific customer or a designated customer group. It also provides the flexibility to set a unique, custom price for individual products. After a price level is configured, it must be assigned to the relevant customers. This ensures that when a sales document, such as a quote, order, receipt, or invoice, is generated, the system will automatically apply the appropriate discount or custom price according to the customer’s assigned price level.
Create a New Price Level
- Go to Items on the left sidebar, and select Price Levels
- Click Add New button in the top right corner.
- On the new item price page, fill in the following fields
- Level Name: Enter a unique price level name.
- Description: Put some description.
- Currency: Default is your home or base currency.
- Discount Percent: The percentage of discount applied to this group of customers.
- Markup Percent: Use this field to add a markup to the item’s price instead of a discount.
- Custom Price: Add an item to the table and specify its custom price.
- Click “Add Item Price” button and enter following fields
- Item: Select product item.
- Description: Automatically filled when you select an item.
- Uom: Default unit of measure is Ea (each).
- Min Quantity: Enter the minimum quantity required to get this price. The default is 1.
- Rate: Enter item’s price.
- Click Save button
- Continue adding item prices until your list is finished.
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- Click Save
