Item Price Groups
Item price groups are similar to customer price groups. You set up item price groups so that you can define base price information for a group of items rather than for many items on an individual basis. You can then enter and update price information for multiple items rather than updating items individually. For example, you can group similar bikes of different colors, named BIKES, and define one price for this group.
A simple price group is a group of items that are assigned to the same group name in the Item Master (P4101) or Item Branch (P41026) programs. In JD Edwards EnterpriseOne Base Pricing, an item can belong to only one item price group.
To allow for greater pricing flexibility, you can set up complex item price groups. Complex price groups are groups of items 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 commodity class or item pool code.
With complex price groups, items can belong to the same group but have different prices based on category codes, such as commodity class.
In JD Edwards EnterpriseOne Advanced Pricing, an item can belong to a detail group without being attached to that group in the Item Branch. An item can belong to numerous groups, depending on the category codes.