Business Center

The pricing administration feature of Business Center can perform many pricing related tasks.

Using the pricing administration feature of Business Center, you can perform pricing-related tasks such as creating and managing price lists, pricing rules, manual pricing rules, and coupons that pertain to a pricing organization. Additionally, you can test that prices of the items will be calculated correctly when they are added to an order after configuring the price lists, pricing rules, and coupons. A price list is a list of prices defined for a set of items. Pricing rules and coupons are used to perform pricing adjustments to an order. However, these adjustments will be effective only if certain conditions are satisfied. While a pricing rule automatically impacts an order price, a coupon must be manually added to an order for it to affect the order price.

For example, if you want to offer computer products at lesser prices to a special customer, XYZ, you can create a price list, add the items to the price list, define the appropriate prices for these items, and assign the price list to XYZ. If you want to attract customers by providing promotional offers such as giving away an inexpensive item for free when another item is purchased, or providing a discount on the total amount charged to the customer based on the order total, you can create either pricing rules or coupons to perform such price adjustments to the order.