Working with Price Books
Price Books are used for selling products at different prices, based on the agreement terms with a particular type of customer. For each customer you can sell the same product at different prices.
There are two key prices in price books. One is Unit Price and the other is List Price.
- Unit Price - It is a price fixed by the manufacturer for the product and which cannot be changed.
- List Price - It is the sellers' price. The manufacturer/resellers may sell the product with different prices to their resellers/customers. These variable prices for the same product are called as List Prices.
Profile Permission Required: Access to the Price Books Tab that includes View, Create, Edit and Delete permissions..
- While creating a potential you can select products only from a single price book.