A pricelist is a grouping of prices. One / more selling prices can be allocated to a pricelist and multiple contracts can make use of a pricelist.
The pricelist name is used to easily recognise the pricelist to which a selling price and contract is allocated.
A system generated code is allocated to each pricelist created. This code can be overwritten with a unique code. This code will be used to uniquely identify pricelists created and is not used during billing validation, billing processing or updating your accounting system.
- Selling Rate: The unit rate is the selling price per unit. The quantity of products / services rendered, per client, will be multiplied by this unit rate, depending on the billing principle selected for the product. Refer to Products for more information.
- Rated Data with Markup: The unit rate is the percentage of markup to be added to the rated transaction's total (The total line item value of the units that the client made use of).