Chapter 4. Accounts Receivable
List my price levels here.
Price Level Class Pricing
1 Retail Retail list price
2 Level I contractors List price less 10% discount
3 Level II contractors List price less 20% discount
50 Level III contractors Cost plus 30%
55 Government Cost plus 20%
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) NOTE: More information on pricing can be found in Chapter 5, Inventory.
TERMS
These are the terms you extend to your customers for prompt payment such as 2%
10th, Net 30, COD, etc. You can have up to 99 different types of terms depending
on your company policies. Each type of terms is assigned a code number (called
“terms code”) and the specifications highlighted below.
Dimensions 14 89
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