Using pricing levels

Personalising Your Company Overview > Customising your MYOB Accounting Plus system > Using pricing levels

If you have different kinds of customers to whom you sell an item at different prices, you can arrange the prices of the item in pricing levels. Pricing levels in the Item Information window allow you to set the selling price of an item according to the kind of customer you're doing business with. Pricing levels allow you to set an item's selling prices for up to six kinds of customers. If you adjust your selling prices for items sold in larger quantities, you can enter up to five quantity ranges in the Over fields of the Item Information window and still maintain pricing levels.

For example, some of your customers may do business with you as a wholesaler. Others may buy the same item from you at a retail price. You may set a special price for wholesale customers who buy in bulk. Using pricing levels in the Item Information window, you can set the selling price of an item for each kind of customer and for five quantity ranges. Then you can designate a corresponding pricing level for each of your customers in the Credit Terms window.

Assume you've assigned the "wholesale" pricing level to a customer card and you've entered that card on an item sale. When you enter an item on the sale, the price that appears automatically will be the item's price at the "wholesale" level for the quantity you've entered.

If you enter pricing levels for your customers in the Credit Terms window, be sure to take into account their volume discounts so you don't inadvertently undercharge for some items. If you assign the "wholesale" pricing level to a customer so prices at that level only will appear on item sales for that customer, don't enter your company's wholesale discount in the customer's Volume Customer Discount field. Any volume discount you enter for the customer will be subtracted from the item's "wholesale" price.

To set different selling prices for different types of customers and for sales of greater quantities of an item, you can set up pricing levels for the item using the Item Information window.

Click below for the step-by-step procedure:

To label a pricing level

To assign a pricing level to a customer card