Price levels let you set custom pricing for different customers or jobs.
Once you create a price level and associate it with one or more customers or
jobs, each time you create an invoice, estimate, sales receipt, sales order or credit
memo for those customers or jobs, QuickBooks automatically pulls up the correct
custom price for a customer or job. You create price levels, then use them on
sales forms to adjust the price of an item. You can also manually adjust the
prices while creating a sales form.
Note: Price levels associated with customers are automatically used
for billable time and reimbursable mileage items. They are not automatically
used for reimbursable items and expenses from purchase transactions or invoices
created from estimates.
Should I use a discount item instead?
If you want to create a discount that
is not linked to a particular customer or job, you can create
a discount item instead.
Fixed percentage price levels let you increase or decrease prices of all
items for a particular customer or job by a fixed percentage. For example, you
might use a fixed percentage price level for a customer who gets a 10% discount
on all the products and services you offer. You can choose to round sales
prices up to the next whole dollar by setting this Company preference when you
use fixed percentage price levels.
Per item price levels let you set custom prices for items that are
associated with different customers or jobs. For example, you might use a per
item price level for your preferred customers who are charged $8 for product A
(regularly priced at $10), $5 for product B (regularly priced at $5.50), and
your standard price for product C. In another example, you might have a
specific customer you agreed to charge $50 per hour for research time
(regularly priced at $70) and $30 per hour for administrative time (regularly
priced a $35 per hour).
Note: Per Item price levels are only available if you have QuickBooks Premier or Enterprise editions. Learn how to upgrade your version of
Create a price level
Use a price level
Round sales prices up
Turn the price level preference on