While creating price book information, you have an option to choose your Pricing Model based on your business requirement. You can choose from the following options:
- No discount
- Flat Discount
- Differential Discount
To define the pricing model with no discount
- In the Price Books module, click New Price Book.
- In the Create Price Book page, enter a Price Book Name.
- Select Pricing Model from the drop down list.
By default, the Pricing Model displayed is None. - Click Save.
To define the pricing model with Flat or Differential discount
- In the Price Books module, click New Price Book.
- In the Create Price Book page, enter a Price Book Name.
- Select Flat/Differential discount from the drop down list.
- In the Pricing Details section, enter the From Range , To Range and Discount (%).
- Click Add to enter more slots of pricing details and discounts.
- Click Save.
The chart below shows a comparative study of the Flat & Differential discounts: