Inventory Pricing

In Compiere pricing for your vendors and customers is achieved using Price Lists. Compiere allows you to create as many Price Lists as you need. A Price List is required for anything you buy or sell. Using Price Lists you can control what you sell to which customer and the price to be charged. There is a default Price List which can be overwritten.

Price Lists are created using a discount schema. Price Lists may share discount schemes or they may have a unique scheme. The discount schemes allow you to define the discount percentages and surcharges. After calculation of the (standard) price, the discount percentage is calculated and applied to form the final price.

The Business Partner determines the Price List, and the Price List determines the price. The basic Price Lists which we recommend are a Purchase Price List and a Sales Price List, but you can have any number of Prices Lists you require. 

This diagram depicts one of many options. 

  • The Vendor Price uses the Product Purchasing tab information with the Vendor Price List Schema to Create the Purchase Price List.
  • The Purchase Price List is then used as the basis or source with a second price list schema (yellow) to create a Sales Price List for my wholesale customers (yellow).
  • The Purchase Price List is then used as the basis or source with a third price list schema (red) to create a Sales Price List for my government customers (red).
  • The Wholesale Sales Price List (yellow) is used as the basis or source with a fourth price list schema (blue) to create a Sales Price List for my retail customers (blue).

Backend Options

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