Pricing Rule is a master where you can define rules based on which discount is applied to specific Customer or Supplier.
### Scenario:
Following are the few cases which can be addressed using Pricing Rule.
1. As per the promotional sale policy, if customer purchases more than 10 units of an item, he enjoys 20% discount.
2. For Customer "XYZ", selling price for the specific Item should be updated as ###.
3. Items categorized under specific Item Group has same selling or buying price.
4. Customers balonging to specific Customer Group should get ### selling price, ot % of Discount on Items.
5. Supplier's categorized under specific Supplier Type should have ### buying rate applied.
To have %Discount and Price List Rate for an Item auto-applied, you should create Pricing Rules for it.
Pricing Rule master has two sections:
### 1. Applicability Section:
In this section, conditions are set for the application of Pricing Rule. When transaction meets condition as specified in this section, Price or Discount as specified in the Pricing Rule will be applied. You can set condition on following values.
Price or Discount specified in the Pricing Rule will be applied only if above applicability rules are matched with values in the transaction. Price mentioned in Pricing Rule will be given priority over item's Price List rate.
If %Discount is to be applied on all Price Lists, then leave Price List field blank.
#### Validity
Enter From and To date between which this Pricing Rule will be applicable. This will be useful if creating Pricing Rule for sales promotion exercise available for certain days.
If two or more Pricing Rules are found based on same conditions, Priority is applied. Priority is a number between 0 to 20 while default value is zero (blank). Higher number means it will take precedence if there are multiple Pricing Rules with same conditions.
