Go to Setup>Accounting>Accounting Lists>filter for Price Levels. The Price levels will be assigned to the customers. Customers can have a different price level for each price group
If you want to update all items using this price level, you must also check the Update Existing Prices box. When you create a new item record that uses this price level, the item price automatically updates. If you want this price level to be your online price level, check the Online Price Level box.
For creating a new Price Level
Click New> Enter a descriptive name in the price level field
Specify Markup/ Discount% if any > Click Save
For Editing Existing Price Level
Select the price level> Click Edit > Make changes
