Setting up a price book

Price books are used to store base prices, discounts and other information about items.

A price book includes these elements:

  • A price book header, which includes the code, type, and use of the price book.
  • One or more price book lines, which include the items.
  1. Define a price book number group

    Define a price book number group in the Price Book Number Group field of the Pricing Parameters (tdpcg0100m000) session.

  2. Define a price book

    Define a price book header in the Price Books (tdpcg0111m000) session. The price book can be used to store prices and discounts for orders, contracts, or RFQs.

  3. Define price book lines

    In the Price Book Lines (tdpcg0131m000) session, specify the items and their price information.

    You can also use the Price Book (tdpcg0611m000) session to specify a price book and price book lines.

  4. Define default price book codes

    If required, define default price books in the Default Sales Price Book, Default Service Price Book, and Supplier Price Book fields of the Pricing Parameters (tdpcg0100m000) session.

    To keep the default price book up to date, you can select the following check boxes in the Pricing Parameters (tdpcg0100m000) session.

    • Update Supplier Price Book Update Default Price Book
Note: 
  • If you link a discount schedule to the price book line in the Price Book Lines (tdpcg0131m000) session, additional discounts for items are applied via the discount schedule on the price book line.
  • If a matrix structure exists, price books are specified in the Sales Price Matrices (tdpcg0130m010), Purchase Price Matrices (tdpcg0130m020), or Transfer Price Matrices (tdpcg0130m030) sessions.
  • If the price origin is set to Commercial Price for a Subcontracting Depot Repair scenario in the Intercompany Trade Agreement (tcitr1600m000) session, you can store internal fixed repair prices in a repair price book for internal business partners. To retrieve internal repair prices from the price book, the Repair Price Book must be linked to a transfer price matrix in the Transfer Price Matrices (tdpcg0130m030) session.