Considerations

There are some considerations to keep in mind for Price Types.

An introduction to price type
Price type is a classification of price that could be defined for an item. An item can be associated with more than one price, for example, along with the base price, there can be additional prices like installation fee, activation charges, monthly fee, cancellation charges and so on. There could be such multiple prices associated with an item. Some of these prices are invoiced at the time of order creation, and some can be invoiced at regular intervals, where as some are can be created only for informational purpose. A pricing organization can define different price types for items based on the business need and requirement.

Parent topic: Pricing add-on