Item Pricing
You've got great flexibility in NetSuite to set up and use various prices for items you sell. For more information about setting item pricing on item records, see Setting Up Item Pricing.
You can quickly update item prices or purchase prices with the Mass Update function, which lets you update several records at one time. For more information, see Updating Item Prices or Updating Item Purchase Prices. You can also change prices between two levels. For more information, see Swapping Prices Between Price Levels.
You can also print price lists to distribute to your customers. For more information, see Generating Price Lists.
The following pricing functions offer additional flexibility.
Multiple Pricing
The Multiple Pricing feature lets you set up different price levels for each item and service. You can also add another sales price for online items. After you set up price levels on each item record, set a price level on each customer record to make sure they get the right pricing. For more information, see Using Multiple Pricing.
Quantity Pricing
The Quantity Pricing feature lets you automatically set different sales prices for items based on how many are being sold. This lets you offer discounts to customers who buy in bulk. Set a Maximum # of Quantity-based Price Levels, then set up quantity breaks for each item and quantity. For more information, see Using Quantity Pricing.
The Quantity Pricing feature is not compatible with the Billing Classes feature.
Quantity Pricing Schedules
Quantity pricing schedules are templates you can use on items to set purchase and sale prices. When you apply a quantity pricing schedule to an item, prices for all price levels are created automatically. For more information, see Quantity Pricing Schedules.
Pricing Groups
Price groups let you set customer-specific price levels for groups of items. For example, you can create a pricing group called Laptops and link it to all your laptop items. For more information, see Creating Pricing Groups.
Advanced Pricing
When you enable Advanced Pricing, you'll activate the following enhancements:
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Price Rules - Price rules let you automatically apply price levels to sales transactions based on specific criteria such as customer, item, or date range. Using price rules helps ensure that your pricing strategy remains up to date. For more information, see Creating Price Rules.
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Cost Plus Pricing Enhancements - Advanced Pricing lets you set up Cost Plus (Cost+) pricing at the price level. Selecting the Cost+ pricing method lets you pick a cost basis and set a markup or discount percentage. For more information, see Setting Up Price Levels in Advanced Pricing.
Promotion Codes
You can set up item coupons with promotion codes to give discounts to customers. These coupon codes apply only to specific items. For more information, see Creating Item Coupons.