Customer-specific pricing assigns agreed prices, discounts, or rules to a particular customer or account. It may reflect contract terms, purchase volume, service requirements, geography, or relationship history and should take precedence only under clearly defined conditions.
Quick reference for Customer-specific pricing
| Check | What it means for the transaction |
|---|---|
| Category | Pricing and profitability |
| Record to keep | Record the cost basis, currency, quantity, customer scope, effective period and approval behind the amount when they apply. |
| Do not infer | A price label alone does not establish margin, landed cost or the final invoiced amount. |
Customer-specific pricing and nearby terms
- Price book: A price book is a controlled set of product and service prices used for a market, currency, customer group, channel, or contract.
