The Contract Pricing option is a unique price schedule for a specific item. This allows you to apply special contract pricing negotiated for specific customers.
To set up contract pricing

1 On the Inventory Maintenance Main menu, click Inventory Maintenance.

2 At the Item No. field, enter the item number.

3 On the Inventory Maintenance Main tab, click Pricing. The Item Pricing Maintenance dialog box appears.

4 At the Pricing Option field , select Customer Price Schedule.

5 At the Customer No. field, enter the customer number. The pricing method, discount/markup rate, and quantity break information must be entered separately for each customer to whom contract pricing applies.

6 Click Accept.

During Sales Order processing, if contract pricing is not established for a customer ordering this item, the standard pricing information is applied.