Price Levels can be used to pre-set discount levels and establish pricing based on profit, cost, or other parameters. You can set relationships between the price levels called formulas. For example, Preferred Customer price level can be set to 10% below Retail, with this discount being copied across all inventory or a subset of your inventory.
They are a great way to offer default discounts to customers while retaining control and flexibility over your pricing.
Any time you use the pricing grid columns on a part’s details page to set price levels it will turn the field you used blue.
Once the field is blue, it is now a formula and can be used as a template to copy the setting to other inventory items.
Retail and MSRP formulas are percentage discount fields, and Cost (Mark Up) and Gross Margin columns are increase percentage fields.
To Copy Pricing Formulas:
1. Bring up any qualifying item under Inventory > Manage Products > Inventory > find a part you want to use as example pricing > set one or more price formulas. Save the changes to the part.