Customer Contract Prices

Use this form to track and control pricing information about items bought by specific customers. When determining a price on a customer order, the system first looks to see if a customer/contract is set up for that customer and item combination. Then it looks to see if the contract effective dates fall within the order date of the order itself. If no valid contract price is found, then it uses the quantity break points with their prices.

On this form, you can:

• Create multiple records for customer / item combinations, with each record having a different effective date, contract price, and break points.
• Enter a specific contract price promised the customer, and specify the effective date for which the contract price should override other pricing formulas
• Specify up to five price breaks for quantity purchases, defining them as either amount or percentage reductions of pre-defined, standard prices.

EXAMPLE: Let's say there are two pricing records for a customer: one has a contract price and price breaks effective on April 1 and the other record has a contract price and price breaks effective on May 1. You enter an order on April 4. The system will use the pricing from the record that was effective April 1.