This article steps you through the process of creating a new Price Book. Price Books are used to manage the cost of related Products.



To create a new Price Book click into the Price Books Tab either via the visible tabs or through the App Launcher.



Some details are then requested to define your Price Book:

  • Price Book Name - give the Price Book a descriptive name so that it can easily be identified.
  • Active - check this if the Price Book is active, when the Price Book becomes inactive uncheck this box to prevent the Price Book from being used.
  • Description - provide some additional details about the Price Book.
  • Is Standard Price Book - there can be only one Standard Price Book in the system, which defines a standard price for each product in the system.

Click Save to commit the Price Book to the database. After creating the Price Book you'll need to assign Products.