Price management

Generally, while talking about the product price, we could categorize or divide it into two parts: purchasing and sales price. This is just an example. We can add an additional type of price. I am wondering how I can manage the purchase and sales prices with ADempiere.

During the creation of both the Purchase Order and Standard Order documents, ADempiere requires a price list. With this requirement, logically, we have to set up a price list.

ADempiere products require a List Price, Standard Price, and Limit Price as part of their price list's information. The following is the meaning of the price list's parts associated with sales price:

  • List Price—is the recommended retail price.
  • Standard Price—is the standard price we sell at.

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