Creating Price Levels

When you use the Multiple Pricing feature, you can create different price levels for selection on the sales order, up to a limit of 1,000 active records. Setting up multiple price levels enables you to have greater flexibility to set different pricing for different customers.

To enable multiple pricing:

1. Go to Setup > Company > Setup Tasks > Enable Features.
2. Click the Transactions subtab.
3. Check the Multiple Prices box.
4. Click Save.

To create a new price level:

1. Go to Setup > Accounting > Setup Tasks > Accounting Lists > New.
2. Click Price Level.
3. On the Price Level page, enter a name in the Price Level field.
4. This name should describe the price level you are creating.
5. In the Markup/Discount % field, optionally enter a positive or negative percentage to mark up or discount prices for this price level.
6. Prices for this level are calculated by applying the positive or negative percentage to the Base Price level.
7. Note: Any value you enter is rounded to the nearest 0.01%.
8. To update all items using this price level, check the Update Existing Prices box.
9. When you create a new item record that uses this price level, the item price automatically updates.
10. For this price level to be your online price level, check the Online Price Level box.
11. Check the Inactive box to inactivate this record.
12. After a record is marked inactive, it no longer appears in NetSuite lists and popup windows. You can still see inactive records on list pages by checking the Show All box.
13. Clear the Inactive box if you want this price level to appear in lists.
14. Click Save.