Price Matrix: Enter a Net Price

There are two methods for entering a Net Price in the Price Matrix:

1) through the Net Pricing window. This option is only available when you enter either a Customer, Contract Number, or Contract Vendor.

2) through the Price Matrix entry window. This option is best for setting a special price for a specific product for all customers.

 

Caution: When you want to enter a Net Price under a Price Contract, please be sure that you have selected the Contract itself, and not just the Customer. Net prices set for customers are not considered contracts prices. To enter Net Prices for a Contract, you can also click on the Pricing tab in the Price Contract screen. For more information, see the Setting Contract Pricing page.

 

Net pricing can also be changed through the Price Change screen. This option is preferable if you are changing the net price of several products for all customers.

 

Entering a Net Price via the Net Pricing window:

 

1.Select Sales > Pricing > Price Matrix.

 

2.Enter a Customer Number, Price Contract, or Contract Vendor. You will have the option to select products later.

 

3.Click the Net Pricing button. If you have selected a Customer, the window will display any products that they receive special pricing on, including those under contracts.

 

To add a product, enter the number or part of the description in the Product field and press Tab.

 

4.In the Net Price field, enter the price that the customer will pay for the product.

 

5.You can also enter a Rebate Cost and Effective and Expiration dates for the price, if applicable. Leaving these dates blank will cause the prices to take effect when the entry is saved. Continue to tab through until a blank entry appears below. You can then add additional products. A completed example is shown below.

6.Once you have entered all of the necessary products, click the Save button in the bottom toolbar to save the prices.

 

Entering a Net Price via the Price Matrix entry window:

 

1.Select Sales > Pricing > Price Matrix.

 

2.Enter the product in the Product field and press Tab. Then enter the Customer that will receive the price.

 

3.Click the Search button. In the window, find the Product & Customer combination (Level 06) and double-click on it.

 

4.In the Price Matrix Entry window, click the Edit button in the bottom toolbar.

 

5.In the C/L/N field, choose "Net" from the drop down menu. Then click in the Amount field and enter the net price that the customer will pay. You can repeat this procedure to enter a net cost under the "Cost" heading as well. You can also use the Effective and Expiration date fields to set a time frame for the price, if necessary.

6.Finally, click the Save button in the bottom toolbar to save your price.


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