I had a chance to work with price lists in Intacct for the first time a few weeks ago. Overall, setting up price lists for items is pretty simple, but here are a few things I learned that might help you when setting up your price lists.
- When setting up transaction definitions, the Special Price List will override the Initial Price List. If you are doing a markup or discount, the base price needs to be in the Initial Price List and the markup or discount needs to go in the Special Price List.
- An item can have different prices on different days by setting start and end dates in the price list entry. The transaction date will be used to determine the price to use.
- If markups or discounts can be applied to the item, the Fixed selection should be “N”.
- Minimum/Maximum Quantity fields should also be populated.
If you have any questions on setting up your price lists in Intacct, please let me know.