Setting up a price matrixIn Pricing, a price matrix is a pricing structure that offers flexible criteria to define and retrieve prices and discounts. Essentially, a price matrix consists of the following elements:
If the properties of, for example, the sales order match the properties of the sales price matrix, the price from the price book that is linked to the sales price matrix is applied to the sales order. To set up a price matrix, complete the following steps: Step 1. Pricing Parameters (tdpcg0100m000) Define the following fields in the Pricing Parameters (tdpcg0100m000) session:
Step 2. Matrix Definition (tdpcg0610m000) In the Matrix Definition (tdpcg0610m000) session:
Step 3. Price Book (tdpcg0611m000) Define price books in the Price Book (tdpcg0611m000) session. In price books, you link item prices and you define price ranges by means of break types and break values. You can also link a discount schedule to the price book. For more information, refer to Setting up a price book. Step 4. Price Matrices Define sales, purchase, and transfer price matrices in these sessions: In these sessions, you must link a matrix definition to a price book and specify values for the matrix attributes. As a result, matrix attributes are linked to price books. Example For matrix type Sales Price, specify the matrix definition MD1. Add the attributes sold-to, invoice-to, order origin, delivery terms, currency, and item to the matrix definition. Specify price book SLS1 for a group of manufactured items with the following characteristics:
Specify a Sales Price matrix and select matrix definition MD1 and price book SLS1. Enter values for the matrix attributes, such as the following:
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