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Settings - Price classes

Updated over 4 months ago

💡 In Douano, customers are grouped based on the price you charge to that type of customer. These groups are called Price Classes. Typical examples of price classes include: Hospitality, Wholesale, Export, Private Customers, ...

💡 In the Sales module, you can define prices per product for each price class. You can consult this 👉 guide for more information.

⇢ Go to Settings – Companies – Price Classes and click the green plus icon.

General data

  • Name: the name of the price class.

  • Visible in dropdown lists: this is checked by default so you can select the price class for a company and when creating price lists.

  • Default: you can mark one price class as the default. The default price class will be automatically selected when creating new companies.

  • Description: an optional field for additional clarification.

Commercial data

💡 The following two fields define the payment terms. These can still be overridden at the company or invoice level.

  • Payment term: the number of days used to determine the due date of an invoice. This always works in combination with the selected Payment Term Type.

  • Payment term type: there are 2 options:

    • Invoice date: the default option. The payment term is calculated from the invoice date.

    • End of month: the payment term is calculated from the last day of the month in which the invoice date falls. This is sometimes required by larger retailers.

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