Set up simple pricing
Published: December 6, 2005
A simple pricing scenario includes only two elements: a product or service and a static price. In this article a fictitious company, Wingtip Toys, is used to illustrate an example of a simple pricing scenario.
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The simple price list
Wingtip Toys is a small distributor that sells beach balls. The company maintains a single price list for its beach ball product and does not offer discounts or promotions to their customers. The pricing structure for the Wingtip Toys beach ball product is as follows:
|
Product | Price Per Unit |
Beach Ball | $1.00 |
Note: The procedures in this article assume that the products and units are already established in the product catalog. For more information about how to create the product catalog and add items to it, such as products, units, discounts, and pricing methods, see the Microsoft Dynamics CRM 3.0 Help.
Step 1: Create the price list
To create this price list by using the Microsoft CRM product catalog, follow these steps:
1. | In the Navigation Pane, click Settings. |
2. | Under Settings, click Settings. Then, in the Settings area, click Product Catalog, and then click Price Lists. |
3. | On the Actions toolbar, click New. |
4. | In the Price List form, enter the following information:
Name
Enter a name that is 100 characters or less. The information should be meaningful and unique, such as Wingtip Toys Beach Ball Price List.
Start Date
Enter the beginning date for which this price list is valid. You must enter the date in the format your organization has set for dates.
End Date
Enter the end date after which this price list will no longer be valid.
Description
Add a description of the price list or notes, such as This is currently the only price list for these beach balls. |
5. | Click Save. |
Step 2: Add the price list items
Now that the price list is created, you can add products or services to it. In this scenario, you will add the beach ball product to this price list. To do this, follow these steps.
1. | In the Price List form, under Details, click Price List Items, and then click Add Price List Item. |
2. | On the General tab, enter the following information:
Price List
Microsoft CRM automatically selects the price list that you created in the previous steps.
Product
Select a product. For this example, search for and select the Wingtip Toys Beach Ball product.
Unit
Select a unit. For the beach ball product, a unit is selected that represents a single item because the beach balls are most commonly sold individually.
Discount List
In this example, you are not using any discounts, so do not add a discount list.
Quantity Selling Option
Select a quantity selling option. This defines the type of quantities in which the product is sold. Because Wingtip Toys does not sell portions or fractions of a beach ball, select Whole.
Pricing Method
Because Wingtip Toys charges $1 per unit of product, it uses the currency amount option for the pricing method. Therefore, select Currency Amount.
Amount ($)
Enter the base cost that the product will list. For the beach ball product, 1 is entered.
Rounding Policy
If Wingtip Toys used a more sophisticated pricing method, such as percent of list or percent of markup, rounding options would be available to determine a policy for price rounding. For this example, a rounding policy will not be used. |
3. | Click Save and Close to close the Price List Item form. |
4. | Click Save and Close to close the Price List form. |
