When new products are added to the product file they are assigned to price lines. Price lines are groups of products used for sales performance reporting, unit of measure descriptors, and commission groups. Price lines provide default information for the products within a price line.
Use the following topics to manage your price lines:
The system prices items using a pricing matrix. A sell matrix defines the pricing rules for your sales, branch transfers, and adjustments. A buy matrix defines pricing rules involving the costs for products on purchase orders.
Within each matrix cell, a formula and a basis name calculation defines the cost or price on an order. You can include the following price- or cost-determining factors in matrix cells:
Buy and sell groups that share the same pricing rules.
Quantity break pricing that offer discounts for buying quantity.
Combination groups that offer quantity break discounts on the combined total of items.
Rebate pricing that offers customers discounts directly from your vendors.
Click here for a printable version of the Using Price Lines and Matrix Cells documentation.