Updating Price List Item in Dynamics 365 Sales | Pricing Method for Manual Price Entry

Manually Enter the Price of a Product for a Price List Item

Question

You are updating a price list item in Dynamics 365 Sales.

You need to manually enter the price of a product for a price list item.

Which pricing method should you use?

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

D.

https://docs.microsoft.com/en-us/dynamics365/sales-enterprise/create-price-lists-price-list-items-define-pricing-products

When updating a price list item in Dynamics 365 Sales, you need to manually enter the price of a product. In this case, the pricing method to be used is the "Currency Amount" option.

The other pricing methods mentioned in the answers are as follows:

A. Percent of List: This pricing method is used to set a price for a product based on a percentage of the list price. For example, if the list price of a product is $100 and the percentage entered is 10%, the price for the product will be $110.

B. Percent Markup - Current Cost: This pricing method is used to set a price for a product based on a percentage markup over the current cost of the product. For example, if the current cost of a product is $50 and the markup percentage entered is 20%, the price for the product will be $60.

C. Percent Margin - Standard Cost: This pricing method is used to set a price for a product based on a percentage margin over the standard cost of the product. For example, if the standard cost of a product is $50 and the margin percentage entered is 40%, the price for the product will be $70.

D. Currency Amount: This pricing method is used to set a specific price for a product in the currency of the price list. For example, if the currency of the price list is USD and you want to set the price of a product to $150, you would choose the Currency Amount option and enter 150.

In summary, when manually entering the price of a product for a price list item in Dynamics 365 Sales, you should use the "Currency Amount" pricing method to set a specific price in the currency of the price list.