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Some times you want to give an even better deal to your favorite customers. If a sales order line item is relevant for a discount group price, then that price will override a discount based on a period or volume discount or a price list price. These types of prices are called discount groups. You can add discounts based on item group, item properties, and item’s manufacturer. The next level of pricing is the discount groups. The unit of measure used for the purchase must match the unit of measure defined in the discount for the discount to apply. The discounts entered here will override the basic price in the business partner’s assigned price list. Period and volume discounts allow you to define discounts by dates and based on volume based on an existing price list. You may want to give a discount when a customer buys in volume. You may want to set up sale prices for a limited time period. Then when a business partner who belongs to that price list buys an item, they get the right price for their customer group.Ī basic price for the product may not be enough. On each price list you can enter a price for each item and unit of measure. You can set up price lists for different groups of customers. The first and most basic way of pricing is price lists. In SAP Business One, we have price lists, period and volume discounts, discount groups and special prices for business partners. Let us look at some of the different tools available to set up pricing. That is why SAP Business One has several ways to handle pricing. Internet customers get a lower price than customer who need customer service in a store environment. Similarly a customer buying a larger volume will get a better price than a customer buying only one. Different customers receive different prices based on the circumstances of the sale.įor example, a one-time customer pays a higher price than a regular customer or one of your resellers. Periodically you give discounts on the list price based on volume purchases or during sales eventsīusinesses have needs for flexibility in pricing.Customers can additionally receive discounts based on item groups or properties of the items sold.Some customers, such as your best customers, receive special pricing.Your company has price lists for different groups of customers.Associating prices with business partners.
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Also, SAP Business One includes a multitude of industry-specific functionalities and processes that can be used by small businesses to meet the ever-changing needs of their modern consumers in an efficient manner.At the end of this topic, you will be able to:ĭescribe the concepts behind pricing in SAP Business One: These analytics and reports are also made available to the employees, enabling them to make smart and confident decisions in no time. The solution also comes equipped with a variety of advanced analytics and reporting tools helping out admins create accurate and timely reports in real-time. Moreover, it also lets small businesses optimise the purchasing practices of their own, besides controlling costs by managing the entire order-to-pay cycle. SAP Business One helps users oversee their entire sales processes and customer lifecycle- right from initial contact with the customer to final sale, after-sale service and support.
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It helps to reduce errors, improve margins and drive more profits by providing a variety of advanced tools. SAP Business One is a comprehensive enterprise resource planning(ERP) solution helping out small businesses with their regular tasks.