Setting Up Item Pricing

Here's how you can set up pricing for items.

To set up pricing for items:

  1. Open an item record in edit mode, and then click the Sales/Pricing subtab.

    Note:

    To let customers choose the amount of an item, such as a donation or a gift certificate, skip this subtab. Instead, click the Store subtab, and then check the Variable Amount box.

    If you enter a price on the Sales/Pricing subtab, and then check the Variable Amount box, that price becomes the default amount.

  2. Under Pricing, if you use quantity pricing schedules, select the pricing schedule you want for this item. When you select a schedule, it sets the Use Marginal Rates and Calculate Quantity Discounts fields.

    You can create pricing schedules at Lists > Accounting > Quantity Pricing Schedules > New.

  3. Check the Use Marginal Rate box if you want the quantity discounts to apply to each pricing bracket separately.

    For example, if a schedule gives no discount for the first 100 items and a 5% discount for anything over 100, selling 150 means the first 100 are at the normal price and the other 50 get a 5% discount.

    Leave this box unchecked if you want the discount to apply to all items sold.

  4. In the Calculate Quantity Discounts field, choose how you want to determine the quantity for pricing:

    • By Line Quantity – pricing is based on the quantity in the line item.

    • By Overall Item Quantity – pricing is based on all line items for the same item on a transaction.

    • By Overall Parent Quantity – pricing is based on all items with the same parent item on the transaction. This can be useful for applying quantity pricing to matrix items.

    • By Overall Schedule Quantity – pricing is based on all items using the same pricing schedule in the transaction.

  5. In the Pricing Group field, select the pricing group for this item. Using pricing groups lets you set customer-specific price levels for a group of items.

  6. Click Save.

Related Topics

General Notices