FAQs - Price Level Master
1. What is Price Level Master?
Price Level Master is used to create new price levels. By default, three price levels - Seasonal, Whole sale and Semi-whole sale are provided. All price levels created in Price Level Master will be applied to all the items in the billing screen.
2. What is the Base price level?
The price levels created in Price level master will work as a tree structure wherein out of 25 price levels, 24 price levels depend on a main price level called the BASE price level. Creating one price level as a BASE price level is so important that all other price levels work based on the BASE. Hence, you need to create the base price level to activate all other price levels to work.
3. How can I create a new price level?
The steps for creating a new price level is explained under Price Level Master
4. Explain the importance of 'Base' and 'Based On' field in creating BASE price level?
Base field
- The Base field is applicable only for base price level. You need not use this field while creating other price levels as all other price levels consider the value for Base mapped in the Base price level.
- Selecting 'Yes' activates the BASE price level and works as the parent price level.
- Selecting 'No' de-activates the BASE price level and will not work as the BASE. Select 'NO' option for other price levels which depend on BASE price level.
- At a time, only one BASE can be activated. If you select 'Yes' for any other price level, this price level will become the BASE for other price levels and the previous BASE will get deactivated.
Based On field
Based on is another mandatory field for BASE price level. If you have mapped 'Selling Price' in BASE, all price levels work considering the Selling Price in BASE price level. You need not select any option in the 'Based on' field for other price levels.
5. How many price levels can I create using Price Level master?
You can create a maximum of 25 price levels including the default price levels.
6. What if I try to create more than 25 price levels?
System shows a message 'you can not create more than 25 price levels'.
7. How can I view the details of the created price levels?
You can use the report 'Price Level List [Report ID: 3335]'.
8. What are the limitations of price level Master?
1. The price levels created in Price Level Master will be applied to all the items in the billing screen. i.e. in the same bill, if you want to apply the price level only for certain items these price levels are not helpful. In such a case, you need to apply Price Level Vs Items using which you can apply line itemwise pricelevel.
2. You can not set different price types for different price levels. The price levels will work only for one price types of the items (selling price or MRP or purchase price or landing cost) based on the selection in BASE.
9. I have applied a price level from Price level Master for certain items in a bill. Can I de-activate the price level for any one single item in the bill?
No. The price is applied to all items. You can not de-activate for a single item alone.
Related Articles
Restrict Offers when Price Level is Applied
Restrict Offers when Price Level is Applied Purpose: When price levels are applied, the system can restrict certain offers or promotions that are not applicable or may conflict with the current pricing structure. For example, if a business offers a ...
FAQs - Price Level
FAQs 1. What is Price Level? Price levels are a different range of prices configured for selling the items to different types of customers. The items are sold to different customers with different prices other than the fixed selling price of the ...
FAQs - Price Level Generic
FAQs 1. How is Price level generic advantageous over other price levels? In Price level generic, you can configure item-wise, category-wise, distributor-wise and manufacturer-wise price levels using the single screen You can map any number of ...
FAQs - Price Level Formula
FAQs 1. What are the distinctive features of price level formula? You can customize time period, that is you can set validity for the price level. You can set any price level from the price level Master as the Base price level. You can set any price ...
Price Level For Each Row Item
Price Level For Each Row Item Purpose: Price levels are different range of prices configured for selling the items to different types of customers. The items are sold to different customers with different prices other than the fixed selling price of ...