Skip to main content

Price List Parties

While price lists group prices for broad categories (retail, wholesale, promotional), businesses often need to assign specific price lists to individual customers or customer locations. The price list parties mechanism links a price list to a party (customer) or party site (customer location), enabling customer-specific pricing without duplicating the entire price structure.

Party assignment structure​

Each price list party association defines:

  • Price list — the price list being assigned
  • Party — the customer receiving this pricing
  • Party site — optionally, a specific customer location
  • Relationship type — categorises the association (e.g. customer, distributor)
  • Relationship name — a human-readable label for the association (with internationalisation support)

How party pricing works​

When determining the applicable price for a transaction, the system can look up which price lists are assigned to the relevant party (and optionally their site). This creates a pricing resolution hierarchy:

  1. Party site — if the customer's specific site has an assigned price list, use it
  2. Party — if the customer has an assigned price list (without site restriction), use it
  3. Default — fall back to the organisation's standard price list

The relationship type allows multiple assignments with different semantics. For example, a party might have both a "customer" price list (for purchasing) and a "distributor" price list (for resale), with the applicable list determined by the transaction context.

Effective dating​

Like all PCM entities, party assignments are effective-dated with start and end dates. This means:

  • Pricing agreements can be scheduled to start on a future date
  • Expired assignments automatically become inactive
  • Historical assignments are preserved for audit purposes

Cross-module dependency​

The price list parties mechanism creates a connection between the PCM module and the Party Relationship Management (PRM) module. Price lists are assigned to parties and party sites defined in PRM, reflecting the business reality that pricing is inherently tied to customer relationships.