The Price Matrix companion permits the building of complex price structures, perhaps involving quantity discounts, educational pricing and multiple currencies, with different prices being available for different types of client. It applies to both retail and cost prices.
To set up Price Groups use the ‘Price Groups’ menu item in the Products section of the Core menu in the Data Manager. ‘Price Group’ is the term given by Daybook to the overall type of pricing being represented.
Each Price Group will contain pricing information applicable to several Products. A typical example is educational pricing. The educational Price Group will contain several Products on which an educational discount is available, and it will be available to several clients, although probably not all.
When setting up a Price Group, you can specify the Currency of a Group, whether the Price Group will be applied to the Standard or Retail Price and how the Group will interact with other Price Groups. The Price Matrix offers great flexibility and therefore the setting up of an efficient system will be made easier by prior planning.