Customer Price Groups
You set up customer price groups to apply pricing schemes to specific groups of customers. Price groups are an optional way of organizing pricing schemes. You can set up customer price groups to enter and update price information for multiple customers simultaneously.
For example, you can create a customer price group for preferred customers, named PREFER, who can purchase a bike for 420.00 USD, while other customers buy the bike at 450.00 USD.
A simple price group is a group of customers that are assigned to the same group name in the Customer Billing Instructions. In JD Edwards EnterpriseOne Base Pricing, a customer can belong to only one customer price group.
To allow for greater pricing flexibility, you can set up complex customer price groups. Complex price groups are groups of customers that are assigned to a group name, but might be part of a different subgroup. You can define subgroups in a complex price group with values that you assign to category codes such as customer geographic location, line of business, or sales volume.
With complex price groups, customers can belong to the same group but have different prices based on category codes, such as geographic location.
In JD Edwards EnterpriseOne Advanced Pricing from Oracle, a customer can belong to a customer group without being attached to that group in the Customer Billing Instructions. A customer can belong to numerous groups, depending on the customer's category codes.