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How do I assign a price to a product?


  1. Open an existing product.
  2. Go to the tab “Price” at the bottom of the page and click . A new window opens up.
  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. The field Standard Price determines the effectively valid purchase or sales price (depending on the respective price list).
  5. The field UOM determines the price unit and must not be confused with the product’s UOM used for inventory management! The price unit defines the price per quantity of items.

    Note: If price unit ≠ product UOM, you have to define a UOM conversion.

  6. In the field Tax Category you can select the respective value-added tax (VAT) category, such as normal, reduced, tax-free.
  7. Click “Done” to close the window and add the price list version to the list.


Further Relevant Fields

  1. The field List Price determines the list price that will later 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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