1. SCM (Supply Chain Management)
  2. Item Record Management
  3. Item Pricing
  4. Setting Up Item Pricing
  5. Using Multiple Prices or Currencies

Using Multiple Prices or Currencies

You can use multiple prices and currencies if you use the Multiple Prices or Multiple Currencies features.

To use multiple prices:

  1. Enter a base price for this item to use as the default for transactions.

  2. Enter alternative prices for this item. You can assign these price levels to certain customers, like privileged or club members.

    You can rename and create new price levels at Setup > Accounting > Setup Tasks > Accounting Lists. Select Price Levels in the Type field.

  3. Enter an online price to set the default item price in your web store.

  4. If you use quantity pricing, set the number of items needed for a new price break in the Qty fields. Then, enter the corresponding price per item below it.

To use multiple currencies:

  1. In the Currency column, select a currency.

  2. In the Amount column, enter a price for this assembly in that currency.

  3. Click Add.

  4. Repeat these steps to add prices for more currencies.

    You can only enter one price per currency.

    To add new currencies, go to Lists > Accounting > Currencies > New.

To use multiple prices and multiple currencies:

  1. In the Price Level column, select a price level.

    You can rename and create new price levels at Setup > Accounting > Setup Tasks > Accounting Lists. Select Price Levels in the Type field.

    If you've set a default discount percentage for a price level, it shows up in the Default Discount % column.

  2. In the Currency column, select a currency for this price level.

    To add new currencies, go to Lists > Accounting > Currencies > New.

  3. In the Amount column, enter a price for this price level and currency.

  4. Click Add.

  5. Repeat these steps to add prices for more price levels and currencies.

Inclusive or Exclusive Taxes

This information is specific to NetSuite accounts (except US and Canada) that do not use the Advanced Taxes feature. The item record has a Prices Include Tax box that lets you save the item price as either tax-inclusive or tax-exclusive.

To save the base price as tax-inclusive, check this box.

To save the base price as tax-exclusive, clear this box.

Related Topics

General Notices