Pricing Hierarchy

The pricing hierarchy chart shows how PANTHEON determines prices on orders or invoices..

Contract prices have the highest priority. If a corresponding record is found in contract prices, the price is calculated according to it.

1) With contract prices, the program first checks if a contract price has been entered; if it has, the contract price will be used. If it cannot find a contract price, it takes the price from the valid price group. If a discount has been entered, the program will use it at the end. Using the contract price or the price from the valid price group, the program will go on to the formula in the contract prices; if it does not find a formula for contract prices, it checks if a formula has been entered for the item. If it finds a formula, it changes/recalculates the price according tot he formula. If it does not find any formulas, it leaves the price unchanged and uses it as the gross price.

2) If the program does not find a contract price either for the subject or the item, it first checks if a formula has been entered for the item. If it finds a formula, it uses it to calculate the gross price. If a special discount has been entered (for sales), the program will use it at the end.

3) If none of the ways described above are used to determine the price: with sales: the customer's price class is used and the gross price is calculated using the pricing for the item. with purchases: the supplier's price from the costing is used.

4) Using the gross price, the program then checks which option you've selected in the Subjects register for displaying discounts.

• Show Contract Discount Separately - if this option is selected, the program will enter the following price in the document lines:
  • with purchases:  The supplier's price, the difference to the actual purchase price will be shown as the discount on the line. In this case, you should NOT change the discount in the line!
  • with sales: In the field for entering a discount, the total or product of the contract discount from the Customer panel in the Subjects register, the discount from the customer's contract prices, and the special disocunt from the Items register will be shown.
• Show Discount Separately - If you select this option, the program will always enter the sale price (the price from the first price class) as the price in the line. The difference to the actual purchase price will be shown as the discount on the line to the price. In this case, you should NOT change the discount in the line! Because the base for calculating the discount is the sale price, this option is only suitable for sales and sales orders.
• Discount Included in Price - if you select this option, the program will use the gross price minus the total or product of the contract price from the Customer panel of the Subjects register, the discount from the customer's contract pricas, and the special discount from the Items register as the price in the line. The Discount field in the line will have a value of 0. This field can be changed, that is, you can enter a positive or negative discount for the document line. Of course, this option is suitable for both sales and purchases.

	The method for displaying discounts in document lines is set in the Customer or Supplier panel of the Items register.
	In the Items | General panel of the Program Parameters, specify how the program is to act if discounts have been entered in multiple places in the Items register and Subjects register.
	If you are not sure how the program has calculated a price, you can use the Pricing Overview wizard, which you'll find in the Wizards menu in order and invoice documents.