Prissettings

Prissettings refer to the configuration of pricing information within a software system or business process. In practice, prissettings determine how much a product or service costs a customer, based on rules, exceptions, and market conditions. They are a core part of pricing management in ERP, CRM, e-commerce, and point-of-sale systems.

Typical components of prissettings include:

- Base or list price, the standard price per unit

- Price lists tied to customer groups, regions, or sales channels

- Currencies and tax handling for each locale

- Validity periods, versioning, and promotional windows

- Discounts, surcharges, and promotions (percent or fixed)

- Volume or tier pricing for different quantity ranges

- Negotiated or contract pricing for specific customers

- Eligibility rules and channel constraints

- Product and channel availability affecting price

Most systems store prissettings as price list records that map product identifiers to prices, customer segments, currency, and an associated validity window. Price versions may be used to maintain historical pricing and track changes over time.

Use cases for prissettings include business-to-business negotiations, multi-currency catalogs, seasonal or promotional pricing, and dynamic or rule-based pricing. They support revenue management, profitability analyses, and channel-specific pricing strategies.

Key considerations when managing prissettings involve data integrity and version control, cross-channel consistency, auditing and change tracking, localization and tax rules, currency conversion, and regulatory compliance. Well-managed prissettings align pricing with overall strategy while enabling flexible responses to market conditions. See also price lists, discounts, and pricing strategies.