Price list types are maintained to organize your price lists better. Price list type screen is used to save all sorts of price lists that is to be used by your organization. There maybe separate types for sales, purchases, etc.

Fields & its description:

• Code/Name

Type any code and a relevant name for the price list type that you want to create. E.g. SP List 1, Sales price list 1.

• Charges

Select the charges configuration for the price list type in this field. E.g. Sales additional charges.

• Currency

Choose the currency used for this price list type here.

Check if this price list type is Applicable for Sales, Purchase or Transfer. This will be translated to the Party price category screen.

E.g. If this is a sales only price list then you should check only the sales option.