Item Pricing

You have 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 item purchase prices using the Mass Update function, which updates multiple records at one time. For more information, see Updating Item Prices or Updating Item Purchase Prices. You are also able to 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 prices levels for each item and service. You can also enter an additional sales price for online items. After you set up price levels on each item record, set a price level on each customer record to ensure they receive the correct pricing. For more information, see Using Multiple Pricing.

Quantity Pricing

The Quantity Pricing feature lets you automatically apply different sales prices to items that depend on the quantity being sold. This enables you to offer discounts to customers who buy in bulk. Set a Maximum # of Quantity-based Price Levels, and then set up quantity breaks to price each item and quantity. For more information, see Using Quantity Pricing.

Note:

The Quantity Pricing feature is not compatible with the Billing Classes feature.

Quantity Pricing Schedules

Quantity pricing schedules are templates that you can apply to items to generate purchase and sale prices. When you apply a quantity pricing schedule to an item, the prices for all price levels are created dynamically. For more information, see Quantity Pricing Schedules.

Pricing Groups

Price groups let you assign customer-specific price levels for groups of items. For example, you could create a pricing group called Laptops and associate the pricing group with all of your laptop items. For more information, see Creating Pricing Groups.

Promotion Codes

You can set up item coupons using promotion codes to offer discounts to customers. These coupon codes apply only to specific items. For more information, see Creating Item Coupons.

Related Topics

General Notices