SAP B1 Price List Makes Your Business Profitable
SAP business one is a single solution for all of the needs that a business needs. It’s an ERP software that works as a digital handler for small and medium businesses to handle all the workflows of the businesses. SAP b1 has some modules, such as business partners, activities, approvals, inventory, price list, sales quotation, sales order. Delivery, etc. SAP business one was invented in 2000. This software is famous for its usefulness, possibilities, expandable nature, efficient execution. This ERP software is most suitable for small and medium businesses, manufacturing, warehouse management, trading, retail industries, etc.
In this blog, the details about SAP business one and SAP B1 price list will be covered.
Features and benefits of SAP business one in short
The main benefit of using SAP B1 is, it is budget-friendly. It is very easy for small businesses to afford SAP B1. It helps the business to execute all the works in a well-organized way. It provides end-to-end information management solutions for a business, that makes it easy to deliver the important pieces of information to the right person at the right time. As SAP B1 has the minimum maintenance charge so it reduces the maintenance cost of the company.
What is SAP business one price list?
SAP has many features to support all the functions in the business. One of the most important features in SAP business one is its price list. With the help of this particular feature, a user can control the pricing of several items, which are dependent on multiple situations as per their choices and preferences. Using SAP B1 price list can save a lot of time for the users.
Why is it important to create SAP B1 price list?
It is very important for companies to maintain a fair price list of the goods or services for different groups of customers. Every business has some special and important customers who are purchasing goods or services from the company for a very long time. They definitely deserve to receive some special pricing, such as they may receive some discounts based on the items that are being sold. As businesses need pliability in
Pricing, for different types of customers.
Customers receive different types of price lists based on different situations such as, a one-time customer needs to pay a higher price than a regular customer of the company or a customer who is buying a large number of products will definitely get a better price and discount than the one, who is buying for once from the company. SAP business one helps the businesses to set up or update the price lists automatically.
How to create a price list in SAP B1?
There are some steps to create SAP B1 price list. SAP B1 provides 10 price lists to the companies. Now it is in the hand of the users to add, change, or prices in the lists to manage the pricing. Among the 10 price lists the user can use all of them, some of them or they can create additional price lists as per their preferences. SAP business one has several ways to handle the pricing.
- The basic way of pricing- In this way, the users can set a price for different groups of customers by entering a price for each item and unit of measure on each price list. The customer who belongs to the list can buy an item or service at the right price.
- Period and volume discount- Sometimes the base price of the good or the service may not be enough. The user can set up sales prices for their customers for a limited time period. The user can create a discount for a customer who is buying a large number of goods from the company. Period and volume discount allows the user to define discounts by dates for the customers. This is very useful for a company, which is dealing with a huge number of customers.
- Discount groups- One can define discount percentage with the item groups, properties, or manufacturer. This means the user can add discounts based on these things.
- Special prices for BP- SAP B1 price list can help you to grab a better deal with your favorite customers by creating a special price for your business partner (BP). The user can base the discount on any price list or they can simply enter them manually. This is the highest priority that is given to any of the price lists.
SAP B1 price list can help a company to grow a strong partnership with their customers.
Aspert Innovations Sdn Bhd is a one-stop Business and IT Solution consultancy specializing in complete business resolutions, IT services, enterprise resource planning (SAP Business One), and custom-made solutions.
We are enthusiastic about assisting our clients to grow and improve efficiency by transforming and digitizing businesses. It’s a solution to integrate all departments through ERP solutions under one centralized system. It simply helps you see, control, and manage your business with your fingertips from anywhere in the world. For more information visit our official website.
