Verðlistar

Verðlistar, commonly translated as price lists, are documents or digital records that enumerate the prices of goods and services offered by a business. They serve as a reference for sales, invoicing, procurement, and customer negotiations. A typical verðlisti includes an item code or SKU, a short description, unit of measure, the list price, price with tax, currency, and any applicable discounts or special terms. Some lists note minimum order quantities, bulk pricing, geographical or customer-specific pricing, and validity periods.

Formats and distribution: Price lists may be printed and posted in premises, published on websites, or delivered through electronic data interchange or customer portals. In B2B contexts they are often dynamic, updated as costs or promotions change, and integrated with enterprise systems such as ERP and CRM. In consumer settings they may be updated seasonally.

Relationship to catalogs: A price list is not the same as a product catalog. A catalog describes products, features, and specifications; a price list focuses on pricing, currency, taxes, and terms of sale.

Maintenance and regulation: Price lists carry effective dates and expiry dates and require clear versioning to prevent mispricing. They may include currency conversion, tax handling, and regional pricing. Organizations should ensure accuracy, clear terms, and easy accessibility to maintain transparency and trust with customers.

Verðlistar are fundamental in commerce, enabling price transparency, comparison, and efficient purchasing.