Controlling fields in CMD for Pricing

[Former Member]

Hi

In Customer master data -sales area data-sales tab there are 3 different controlloing fields used for grouping customers for pricing purpose( used in V/04)

A. Customer Group

B. Price Group

C. Price List

wahat are the difference between these 3 and what could be the different scenerio in which we will have to maintain these fields.

Regards

Jyoti

[Former Member · Accepted solution]

Hi Jyoti,

Customer group:A definable grouping of customers for pricing or statistical purposes.For example, a customer group can be made up of wholesalers or retailers

Price group: Price groups let you apply a discount to a particular group of customers

Price list type: Price list types allow you to apply a material price in a particular currency to a group of customers. For example, you can specify a price list type that applies to all wholesale customers in one of your export markets.

One can use these fields in maintaing automatic pricing procedure.

Regds,

Rupali