A price matrix is a collection of formulas that calculate the price of a product based on different purchasing scenarios. This topic outlines several possible scenarios you might want to configure. You set purchasing price formulas on the Purchasing Matrix Master. Go to Purchasing > Purchasing Matrix.

Important: The Purchasing Matrix is similar to, but not the same as the sales Price Matrix Master. The Price Matrix defines price formulas for *products* purchased by your *customers*: Sales > Pricing > Price Matrix. If you want to set up pricing formulas for customer sales pricing, see Create a price formula in the matrix. The Purchasing Matrix defines price formulas for *inventory* you purchase from the *vendor*: Purchasing > Purchasing Matrix.

Tip: To learn how to enter the options here, see What are purchasing matrices? and Advanced price formula options

Parameters |
Product Line: Soap Dispensers Vendor: Distributor Corp of NE |

Formula | |

Example |

Parameters |
Product Line: Brushes Vendor: Brushtech Quantity: 10 |

Formula |
Note that all price formulas require a formula for one product (Quantity=1) before you can add special pricing for quantities greater than 1. In this scenario, there is no special pricing for 1 unit, so the first line has a Quantity of 1 with a zero amount. Then add a second formula that sets the required minimum Quantity break, and then set the discount amount. |

Parameters |
Price Group: Test Vendor: Vision Technologies |

Formula |

Parameters |
Buying Line: Sweet Paper Vendor: Leonard Paper Company |

Formula |