1. Commerce
  2. NetSuite Point of Sale (NSPOS)
  3. NSPOS Administrator Guide
  4. Managing Items and Prices
  5. Prices
  6. Add a Price or Price Levels to an Item

Add a Price or Price Levels to an Item

Follow these steps to add prices to an item for NetSuite Point of Sale (NSPOS). You can have a single base price for all stores or set up price levels assigned to store Location records. Price levels let you sell an item for different prices, and can be used for stores that you internally assign to different marketing areas or regions. For international retailers, you can set prices in the different currencies that you use.

These steps cover basic price setups. For detailed steps and explanations of pricing options, see Setting Up Item Pricing.

Note:

For information about how prices synchronize for different currencies, see Price Filtering for Currency by Location.

To add Prices to an Item:

  1. Log in to NetSuite as an administrator.

  2. Go to Lists > Accounting > Items.

  3. Click Edit for the item to update.

  4. Click the Sales / Pricing subtab.

  5. Click the main currency in which the item will sell.

  6. Base Price: Every item should have a Base Price that is the common selling price for an item in your stores.

    Enter this price under the QTY 0 (Quantity 0) column. Do not use a currency symbol or comma.

    Note:

    NSPOS doesn't support pricing by purchase quantity (QTY).

  7. Optionally, enter price levels (for example, Alternate Price n) that can be assigned to different locations.

    To assign a location to use a price level, such as Alternate Price 1, select the level from the Location record using the field POS - Price Level. Each item sold in the location will use that level to determine the price.

    Important:

    If some locations use a different currency, set the POS - Price Level associated with that currency on those Location records. This step is required even if an item's price is set to the currency.

    If a location uses U.S. Dollars, you can leave the POS - Price Level field empty.

    Warning:

    Inactivating a price level – Making a price level inactive in NetSuite ERP doesn't inactivate it in NSPOS. An inactive price level previously selected for a location, customer, or pricing group will continue being the POS-Price Level that adjusts the base price at the register.

    If you don’t need a price level anymore, pick a different one to replace it. You can also set the base price as the POS-Price Level.

    See Working with Locations for the steps to update a Location record. If a location doesn't have a POS - Price Level assigned, or if an item doesn't have an amount in the location’s price level, then the item’s Base Price is used.

  8. If you sell the item using different currencies, select the Currency, and then enter the Base Price and other prices.

  9. Click Save.

Related Topics

General Notices