In this video, part of the larger series, we will learn about pricing management and how it enables businesses to adjust their base prices up or down. The video explains how several price component codes can be set up with the type as margin component price adjustment, and how the adjustments get compounded across the codes, adding up to the total price adjustments. The video also delves into the layers of margin components that add up to the base price when building selling prices based on inventory standard cost or purchased price. Additionally, viewers will learn how price modifications can be made using margin component price adjustments, which can be easily adjusted without changing the base price, making them ideal for seasonal or specific event-related price changes.
