Let’s start off by explaining what a price level is. Price levels let you set custom pricing for different customers or jobs. Once you create a price level and associate it with one or more customers or jobs, each time you create an invoice, sales receipt, sales order or credit memo for those customers or jobs, QuickBooks software automatically pulls up the correct custom price for a customer or job. You create price levels & then use them on sales forms to adjust the price of an item.
In previous years, there was a limit of 100 price levels. Companies that offer customer specific pricing would setup a price level for each customer so they can do per item/per customer pricing. Here is the problem – they usually have more than 100 customers. Now with the 2012 version of QuickBooks Enterprise Solutions, you can have up to 750 individual price levels!
This definitely helps ease the pain for some companies but what happens if you have more than 750 customers? Well, you can hope for 2 things:
1 – You have multiple customers that have the same custom pricing.
2 – Intuit adds more again next year!!