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Price Levels enable you to tailor charges for particular customer locations or jobs by raising or lowering product and service prices by a percentage that you define. For example, if you could provide a preferred customer a 5% markdown on all of their products and services.
In addition, you can mark up or mark down products based on the cost or price. In other words, you can use price levels to generate the product's sell price based on two things:
Standard Price. Price-based price levels generate a new sell price by adjusting the product's standard price as defined in the Product Detail dialog box.
Cost Based. The sell price will be derived by taking the product's cost (as defined in the Product Detail dialog box) and multiplying it by the price level.
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See Also:
Managing Price Levels
Defining Default Price Levels
Using Price Levels on Jobs