SAP software offers features that simplify your SME’s operations. Every week, we share tips that highlight how these features can benefit your business.
This week, we explore the price hierarchy definition functionality in SAP Business One. Learn how to customize your price lists, discounts and promotions, ensuring that your Business Partners receive the ideal commercial conditions in a practical and efficient way.
It’s not by a chance that we use the phrase “running a business” – managing a business is very dynamic, just take a look at pricelists, discounts and special sales. These are changing all the time! each business partner is assigned to a default price list accompanied by discount groups and special prices that effect the final price of the goods or services.
Although those pricing options are very flexible, there are always exceptions. To support additional use cases, SAP Business One introduces the option to set pricing hierarchy when needed:
In the ‘Effective Price’ field you can override the existing pricing logic (appears as ‘Default Priority’) and define whether lowest price or higher price should be applied to the given business partner.
Available in SAP Business One 9.3, version for SAP HANA and SAP Business One 9.3
