Price lists and party defaults
A price list defines pricing for an audience or use. A credit limit belongs to the party and differs from item price or discount limit.
Last reviewed
Before you start
Select the correct company and verify permissions. Learn in a test workspace; posting or restoring can change actual data.
Workflow
- Create a list with a clear name, such as Wholesale or Retail, and a unique code.
- Enter item prices and assign the list to the appropriate party or default.
- Check invoice currency, unit, tax and discount; the list name alone does not prove the final price.
- Set credit limit and over-limit policy; test a customer at the limit and one exceeding it.
Watch this distinction
Changing a list today does not reprice a historical posted invoice; retain the document’s saved price.
Verify the result
Reopen the record and check saved values and state. For financial operations, compare the document with the relevant movement and report before continuing.