Price List Types

The different types of Price List Types that can be created in Maintain Price Lists (IM18) and Maintain Future Price Lists (IM21) are:

  1. Contract - allows you to maintain contract pricing for specific products, product lines or product groups. Extra Sales reporting is available with Contract pricing.

    • You can specify a start and end date for the Contract.

    • Contract pricing can be restricted by Order Source or Order Type.

    • Contract prices are only available to customers with the Contract Price List assigned to them in Maintain Customer Master (SU13/Pricing).

    • If a Paying Office is involved, you only need to assign the Contract Price List to the Paying Office in SU13 and all customers related to that Paying Office automatically receive the price for the duration of the Contract.

    • Contract statistics can be traced using the Print Contract Sales Report (SA87).

    • If your supplier gave you a special price for a product on a Contract Price List, you can record the Contract Cost in IM18/Products. This cost is passed to the Contract Sales Report (SA87) and provides you with more realistic Gross Margin statistics on products priced using the Contract selling price.

  2. Special - allows you to maintain special pricing on specific products, product lines or product groups. Specials function the same as Contracts but without any extra Sales reporting.

    • You can specify a start and end date for the Special.

    • Special pricing can be restricted by Order Source or Order Type.

    • Special prices are only available to customers with the Special Price List assigned to them in SU13/Pricing.

    • If a Paying Office is involved, you only need to assign the Special Price List to the Paying Office in SU13 and all customers related to that Paying Office automatically receive the special price for the duration of the Special.

  3. Common Quote - allows you to maintain a price list for specific products, product lines or product groups that is typically "common" to most or all customers. For example, Common Quotes can be used for pricing clearance products.

    • You can specify a start and end date for the Common Quote.

    • Common Quote pricing is only available to customers with the 'Eligible for Common Quote' check box selected in SU13/Pricing.

  4. Flyer - supports promotions on specific products, product lines or product groups. Flyers are typically used for weekly or monthly or seasonal promotions.

    • You can specify a start and end date for the Flyer.

    • Flyer pricing can be restricted based on a variety of criteria: Sales Rep, Sales Office, Province/State, Class of Trade, Territory, Sales Group, Order Source or Order Type. This enables you to promote different flyers based on a geographical area or on a certain segment of your customer base.

    • Flyer pricing is available to customers with the 'Eligible for Flyer' check box selected in SU13/Pricing.

    • Flyer sales can be tracked using the Print Flyer Sales Report (SA85).

    • If your supplier gave you a special price for a product on a Flyer Price List, you can record the Flyer Cost in IM18/Products. This cost is passed to the Flyer Sales Report (SA87) and provides you with more realistic Gross Margin statistics on products priced using the Flyer selling price.

  5. Master - stores your regular list prices by product for up to 7 quantity breaks.

    • The only Pricing Method allowed is Fixed Prices.

    • You have the ability to create multiple Master Price Lists. For example, US versus Canadian prices or Wholesale versus Retail prices.

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