Price Rules
Price rules is a very flexible system that QBO uses to provide discounts on products that a business sells.
First thing we need to verify is if price rules is turned on. Go to Settings>Company settings>Sales>Select edit in products and services>Select “Turn on price rules”
To access price rules, Click Sales>Price Rules>New Price Rule
The three price adjustment methods that Quickbooks Online adjusts relating to price rules is:
Percentage increase/decrease
Fixed amount increase/decrease
Custom price per item
Once you determine which price adjustment method you want, there are two different criteria sets to trigger the price adjustment methods. They are:
Customer
Products and services
On the customer side, you can use customer types such as anything considered a wholesaler to trigger a percentage decrease or discount of 5% across all product types.
On the product side, you can set specific items with specific discounts which can also have a start and end date
Examples
Any customer who is a dealer receives a 25% discount (if going this route, I’d suggest pricing out all costs at a base retail level at MSRP and then stack on your specific customer types
All customers and customer types could receive a discount but the price or discount level varies based on the product type you are selling
This requires setting up products with a brand or product catergory to trigger it
