Adding Price Lists

Use the Price List Codes form to add the price lists you need.

To add a price list, you:

Assign a unique code, up to six characters, to identify the price list. Price list codes can contain upper-case letters and numbers.
Select default options and settings which will appear when you add items to price lists. Specify:
Whether to calculate customer discounts by discounting your selling price, by marking up your markup cost, or by marking up your standard cost.
Whether to calculate customer discounts by discounting or marking up by a percentage or a specific amount, and the percentage or specific amount to discount or mark up.
Whether to base customer discounts on customer type, or on the number of items purchased (volume discount).
The rounding method (up, down, or none) that you want the program to use when calculating discount or markup prices. If you discount or mark up prices by a percentage, you can also specify a number to which you want all prices rounded, such as the nearest five cents.
Tax authorities (such as state or province) and customer tax classes that apply to the sale of items on the price list.

When you define price lists, they contain no prices — you add item prices later.