Sales orders use the customer price based on the most current price or price adjustment from the Base Price Revision program. For example, for some customers you have some special discounts, so you can set up the discount for a specific customer or customer group; and vice versa for some items for which you have some special prices or discounts offers.
You should define the Customer Master and Item Master in order to set up the Base Price.
When you enter the item price by using Base Price Revision, the system retrieves the item price from the base price table during sales order entry. The base prices can be defined with various combinations of items, item groups, customers, and customer groups. When you enter an item in the F4101 table, you should enter the sales price to define the base price of the item. When you define the special pricing or discounts for the item or customer, the system will calculate the discounted price based on the Base Price Revision. When you define the effective dates of base price for an item, item group, customer, or customer group, the system use these dates. If you leave the effective date blank, the system will assign a date of 12/31/2040 automatically.
The system retrieves the sales price in the sales order application based on the item base price.