Pricing

Consider following questions while creating pricing for a product.

What if the Price or discount to be determined is not very straightforward ? For example, what if the price to be determined depends on the specific customer or customer group. What if the discount only applies to certain product types but not others and only applies to some specific regions where customer is located. What if the Tax is exempt for certain customers? or specific customer-product combinations. What if,  for a short period, company decides to offer free shipping? In these and many more complexities of pricing scenarios that businesses engage in, how the system determines appropriate applicable prices?

These complexities can be accommodated in Pricing Procedure using Access Sequence.

Step 1: Creation of condition table
Step 2: Create access sequence
Step 3: Creation of condition types
Step 4: Creation of pricing procedure
Step 5: Determine Pricing Procedures
Step 6: Setting up price for product