Set up the Price Book

Once you have set up stock items and customer accounts, you'll need to decide on the price you want to charge for each item. In Sage 200 you do this by settings up Price bands. Each price band is essentially a price list. You can set up as many price bands as you need, you just need to decide which customers receive which prices.

Once you have entered your selling prices, you'll need to decide the discounts (if any) you offer your customers.

You set up your price bands and discounts in the Price Book module. When a stock item is added to sales order or invoice, the price of the item is calculated from the selling price, any discounts the customer received on the stock item, and any additional line or order discounts set on the customer's account.

You can enter your prices directly into Sage 200 or can import them.

Suggested setup sequence

Pricing

Choose whether to use limited price bands in the Price Book Settings.
Enter prices for the Standard price band.
Create additional price bands, if required.
Enter the prices for your additional price bands.
Link the price bands to your customer accounts.
Set up markup pricing, if required.

Discounts

Choose the type of discounts you want to use from the Price Book Settings.
Set up customer discount groups, if required.
Create stock item and /or product group discounts.
Create order value discounts, if required.
Link the discounts to customer accounts or customer discount group.