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How do I assign a price to a product?


  1. Open an existing product.
  2. Create a new record under the tab “Price”.
  3. Enter the name of the designated Price List Version, e.g. “New Price List Germany”.

    Note: Hit SPACE to see all available price lists.

  4. In the field Standard Price you can determine the effective purchase or retail price (depending on the respective price list).
  5. In the field Tax Category you can select the relevant value-added tax (VAT) category, such as normal, reduced, tax-free.
  6. Click “Done” to close the window.


Further Relevant Fields

  1. The field List Price only serves to set the list price that will appear on the documents.
  2. Limit Price: Manual price changes made by the user, e.g. in the order line, must not fall below this amount!
  3. The field UOM determines the unit of measurement for which the price applies and must not be confused with the product’s UOM used for Inventory Management.

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