- [Instructor] If you're a user of the Microsoft Dynamics
sales order processing and inventory control module,
you're very familiar with price lists.
The price list is stored on the item.
We'll bring up an item card here in the inventory module
and look at the price list.
You can navigate to the price list using the go to button.
Go to price list.
Now you can see that price lists
are maintained for various price levels.
What you can do with a price list
is base it upon a price level
where the price would be different
for different types of customers for instance
such as a VIP customer or a wholesale customer
or retail customer or whatnot.
You can also have quantity breaks
which they don't have here.
You see I expanded it and there is no quantity break.
From one to as many as you can buy,
it's still the same price.
I could insert a row here and have a quantity break.
I could say if you buy between one and 100 it's that price
whereas if you buy anything over 100
then the price changes to a different price.
Normally, you're going to be seeing a lot
where the price is just put in under the currency amount.
The price method currency amount
just means that I key in the price.
Price methods that rely upon markups of some other field
are less common because you have to worry about maintaining
what the price is on that other field.
It is useful to look at an item
and have a list price for that item which would be here.
It's grayed out
because you have to go to the item currency card
to get to the list price
so there's a different list price depending on the currency.
So if you put the price in under list price
then you can gear your prices off of list
as a percent of list and that's useful.
Another thing I'd like to point out
is that there are utilities
where you can do mass price list changes
so there's a price list utility wizard.
I could go through this.
I could update a price list
for instance with a percentage of list price
and I can make a change.
I can raise the prices for instance
and update all of these items in mass.
It gives me a preview before I actually run the update.
I would click the finish button to update the prices
for those 95 items all at once
using the update price list wizard.