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Pricing Group

A pricing group: customers or vendors who get the same prices or discounts, tied to one price model.

Where
Product Information › Item Pricing and Procurement & Sourcing › Pricing and Sales & Distribution › Pricing Profile
Who uses it
The pricing manager
When
At setup
Needs first
Nothing

What it is for​

Customers and vendors name a price group for prices and one for discounts. On a Pricing Profile a line for a customer or vendor price group (CPG or VPG) offers only the groups whose Price Model matches the profile's. Pricing Group Price Validation is recorded; nothing reads it today. Sales and purchase orders and quotations, journals, rental and project documents can also name a group.

Every field in plain words​

FieldWhat it meansWhat to put
Pricing GroupThe short code.Cannot be changed once saved. Required
NameThe name shown in lookups and on documents.A clear name. Required
Price ModelThe price model this group is used with.Pick one. Required
Pricing Group Price ValidationRecorded only; nothing reads it today.Leave as is
BlockMarks the record as blocked.Tick to retire it

How to configure it​

There is nothing to configure beyond the fields above. Which fields are shown, required or hidden can be changed per company by the consultant in the screen configuration.

Scenarios​

  • A distributor has retail, wholesale and institutional customers. Make three price groups and put each customer in one.

What it is connected to​

If something looks wrong​

  • A group is not offered on a profile line. Its Price Model differs from the profile's.