Depending on factors such as a company's industry or customer relationships, the complexity involved in determining item prices can vary. In the most basic pricing scenario, an item has a single price used for all sales transactions. For some companies, this may be too simplistic, as there is a need to maintain several prices for an item.
Use the enhanced pricing application area to manage your company's pricing arrangements with customers. Tools are available to plan and manage different types of pricing agreements, such as sales prices, sales line discounts, and off-invoice allowances. Several other features provide greater visibility to sales and purchasing activities.
Before you can start to manage pricing, configure your pricing policies and values. When configuration is complete, create and maintain your pricing plans.
The following table describes a sequence of activities, with links to the topics that describe them. These activities are listed in the order in which they are generally performed.
To | See |
|---|---|
Set up the general rules, properties, and values for the company's pricing policies and supporting features. | |
Create and maintain the alternative sales prices you grant to customers. | |
Define off-invoice allowances that generate discounts for sales documents. | |
Set up and manage delivered pricing rules. | |
Set up prices at shipment. |