Every inventory item has a base cost and a base selling price. However, you may require more than one pricing level to represent different price points. It may be special pricing for specific customer types, wholesale or even employee pricing. Whatever reason you wish to establish different price points know that there are no limits. You can define as many levels as you require. Once you have established your pricing levels, you can set customers to purchase at a specific level and you can also set items on service packages to sell at a specific level.
Watch the following video as a supplement to reading this article
Further to pre-defined pricing levels, any material line item within a concern, inspection or service package can be set to a fixed rate or total. Fixed material pricing will override any predefined pricing levels described above. As a result, it is only recommended they be used when necessary as any changes to your established pricing levels will not automatically update any material line items that use fixed pricing.