Quantity pricing schedules are templates that you can apply to items to generate purchase and sale prices. When you apply a quantity pricing schedule to an item, the prices for all price levels are created dynamically.
NOTE:
To create quantity pricing schedules, you must first enable the Quantity
Pricing feature.
I. To enable quantity pricing:
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Go to Setup > Company > Setup Tasks > Enable Features.
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On the Transactions subtab, check the Quantity Pricing box
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Click Save.
II. To create a pricing schedule:
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Go to Lists > Accounting > Quantity Pricing Schedules > New.
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Enter a name for the schedule.
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If you want to base your quantity pricing schedule on a unit of measure rather than numeric quantity, select the unit type and the unit used in the schedule.
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Check the Use Marginal Rates box if you want the quantity discounts in the schedule to be applied to each pricing bracket separately.
For example, a schedule offers no discount for the first 100 items sold and a 5% discount if more than 100 are sold. If 150 items are sold, the first 100 are at normal price, and the other fifty items are sold at 5% discount.
Leave this box clear if you want the discount to apply to all of the items sold.
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In the Calculate Quantity Discounts field, choose how to determine the quantity for the purpose of pricing:
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By Line Quantity - pricing is applied according to the quantity included in the line item.
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By Overall Item Quantity - pricing is applied for all line items for the same item on a transaction.
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By Overall Parent Quantity - pricing is applied for all items with the same parent item on the transaction. This can be useful for applying quantity pricing to matrix items.
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By Overall Schedule Quantity - pricing is applied to all items that use the same pricing schedule that are included in the transaction.
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In the Quantity and Discount fields enter the brackets for the schedule.
If you want to enter different discounts for each price level, go to Setup > Accounting > Preferences > Accounting Preferences. Check the Allow Discounts per Price Level on Quantity Pricing Schedules, and click Save.
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Click Save.
Now, when you create a new item record, click the Sales/Pricing subtab. Select the quantity pricing schedule you want to use to generate prices for this item.
Quantity pricing schedules can be used to apply prices you have negotiated with vendors.
To associate a pricing schedule with a vendor, edit the vendor record, and click the Financial subtab. On the Pricing Schedules subtab, click New Pricing Schedule.
Only one vendor can be associated with each quantity pricing schedule. You can, however, apply a schedule to any number of items.