NetSuite Quantity Pricing Overview
NetSuite Quantity Pricing Setup
Enable the Feature
Establish Quantity Pricing Preferences
Create Quantity Pricing Schedules
On the Quantity Pricing Schedule page, you’ll name the new schedule. On the header level, you have some options for how NetSuite will apply this pricing schedule. For example, if you want to measure quantity by a specific unit of measure rather than by the number of items, you would select the unit type and exact unit. The Calculate Quantity Discounts dropdown allows you to determine how NetSuite will measure quantities.
For a more complex way of measuring discounts, you could select the Use Marginal Rates checkbox. If you want to apply different discounts at the different amounts, you would select this checkbox. For example, you may want no discount to apply to the first 50 items in an order, a 3% discount to apply for the next 50 to 100 items, and a 5% discount to apply to the next 100+ items. This differs from how quantity pricing would normally function, where the same discount percentage would apply to every item in the order.
Multiple Prices and Quantity Pricing in NetSuite
If you open up one of your item records in edit mode and navigate to the Sales/Pricing subtab, you’ll see that NetSuite has listed out the active price levels in your account and has calculated the corresponding discounts or markups for each price level. Using the Quantity Pricing Schedule dropdown, you’ll be able to select one of your active pricing schedules. NetSuite will then calculate prices for all of your price level discounts and all of your quantity discounts.
