A group of customers who all receive the same price for a product or group of products. For example, customers who purchase large quantities of products within a certain price line may be rewarded with lower prices. Customers assigned to different price classes receive different prices for the same products.

Price classes:

• Are defined in the Valid Customer Price Classes control maintenance record, and are usually identified numerically.

• Can be included in columns in the pricing matrix.

• Can be different from one branch to another.

• Can be assigned to customers for different products. Customers can be assigned to one class for the majority of items bought, and be given customer-specific pricing on other items or groups of items.