Enter a net price in the price matrix

There are two methods for entering a net price in the price matrix:

1. Through Net Pricing. This option is available only when you enter either a Customer, Contract Number, or Contract Vendor.
2. Through the Price Matrix entry window. This option is best for setting a special price for a specific product for all customers.

Both methods are described below.

Caution
Before you enter a Net Price under a Price Contract, make sure that you have selected the Contract itself, and not just the Customer. Net prices set for customers are not contract prices. To enter Net Prices for a Contract, you can also click on the Pricing tab in the Price Contract screen. For more information, see Configure product contract pricing .

Note
You can also change net pricing with a standard price change. This option is preferable if you are changing the net price of several products for all customers. See Manually change a product price

Enter a net price from the net pricing pop-up

1. Go to Sales > Pricing > Price Matrix.
2. Specify the Customer Number, Price Contract, or Contract Vendor. You will have the option to select products later.

   

3. Click the Net Pricing button. The Net Pricing pop-up displays all products that receive special pricing including those under contracts.

   

4. Click Edit.
5. Locate the row of the product for which you want to change a price.
6. To add a product, click Add Net Pricing Detail, and then search for and enter the number or part of the description in the Product column, and then press the Tab key.
7. In the Net Price column of that row, type the price that the customer will pay for the product.
8. You can also enter a Rebate Cost and Effective and Expiration dates for the price, if applicable.
9. Leaving these dates blank will cause the prices to take effect when the entry is saved.

   

10. Repeat for each product.

    Tip: To change the pricing or rebate costs of all products by a percent, click the Prices or the Costs button, and then type the percent by the which you want to adjust the price or cost.
    
    You can apply effective and expiration dates in the same manner, by clicking the Dates button.

11. Click Save.

Entering a net price directly in the Price Matrix

1. Go to Sales > Pricing > Price Matrix.
2. In the Product box, search or type the product whose price will change.
3. In the Customer box, search or type the customer number who will receive that price change.
4. Click Search.

   

5. In the Price Matrix Results list. click the Product & Customer combination (Level 14)
6. In the Price Matrix Entry window, click the Edit button in the bottom toolbar.
7. In the C/L/N field, choose "Net" from the drop down menu. Then click in the Amount field and enter the net price that the customer will pay. You can repeat this procedure to enter a net cost under the "Cost" heading as well. You can also use the Effective and Expiration date fields to set a time frame for the price, if necessary.
8. Finally, click the Save button in the bottom toolbar to save your price.