SAP Business One lets you create different price lists for items, giving you the flexibility to offer your customers customized prices.

During the creation of sales and purchasing documents, SAP Business One derives item prices directly from a price list that is linked to a business partner's payment terms. When you add a business transaction for a business partner, the price of the item is determined by the assigned price list.

When you initialize SAP Business One, you define data for the business partners and payment terms as well as the price lists for customers and vendors. This data is revised and modified over the course of time, with the result that the price information used in sales and purchasing is always up to date.

SAP Business One provides 10 default price lists. You can use all 10 or just some of them. You can define new price lists and delete existing ones. You can also link different price lists to one another using multiplication factors. Maintaining different price lists for items makes it possible to set special prices and quantity-dependent discounts in each one, thereby letting you offer your customers customized prices.

In SAP Business One, you define prices for items in price lists. A price list is assigned to a business partner.