What is 'pricing code' in SAP SBO - SAP Business One?

pricing code - Overview

• Component: SBO

• Component Name: SAP Business One

• Description: An alphanumeric identifier that is used to assign an item to a group of items for pricing. Pricing codes are normally used to calculate discount rates.

pricing code - Details

• 
  Key Concepts: 
  Pricing codes are used in SAP Business One to define the pricing of items. They are used to set different prices for different customers, and can be used to set discounts or surcharges. Pricing codes can be set up for individual customers, groups of customers, or all customers. 
  
  How to use it: 
  In SAP Business One, pricing codes are set up in the Item Master Data window. To create a new pricing code, select the “Pricing Code” tab and click “New”. Enter the code name and description, then select the customer or group of customers that the code will apply to. Finally, enter the pricing information for each item that the code applies to. 
  
  Tips & Tricks: 
  When setting up pricing codes, it is important to remember that they can be applied to individual items or groups of items. This allows you to quickly set up discounts or surcharges for specific items or groups of items. Additionally, it is important to remember that pricing codes can be applied to individual customers or groups of customers. This allows you to quickly set up different prices for different customer groups. 
  
  Related Information: 
  For more information on setting up pricing codes in SAP Business One, please refer to the SAP Business One Help Center. Additionally, there are many online tutorials and videos available that provide step-by-step