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Manage Buying & Selling Price Book in Focus9 ERP Part-37
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Purchase Price Book:
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A purchase price book is useful for a broad range of users because it sets pricing for the entire procurement module. In contrast, a buyer group price book applies to only the buyer group that it’s assigned to. If a buyer user belongs to multiple buyer groups, it’s possible for that user to have multiple price books assigned to them. However, a buyer group must be assigned to the item master where the price book appears for the procurement department to see pricing in that price book.
Selling Price Book:
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Your Standard Price Book lists the prices that each of your Products are normally sold at. All of your Products are automatically added to your Standard Price Book when they are created, which records the default cost of each listing. You can add a Product to any custom Price Books and adjust the prices as needed.
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A purchase price book is useful for a broad range of users because it sets pricing for the entire procurement module. In contrast, a buyer group price book applies to only the buyer group that it’s assigned to. If a buyer user belongs to multiple buyer groups, it’s possible for that user to have multiple price books assigned to them. However, a buyer group must be assigned to the item master where the price book appears for the procurement department to see pricing in that price book.
Selling Price Book:
===============
Your Standard Price Book lists the prices that each of your Products are normally sold at. All of your Products are automatically added to your Standard Price Book when they are created, which records the default cost of each listing. You can add a Product to any custom Price Books and adjust the prices as needed.
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