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In addition, one of the benefits of using a pricing matrix is that it simplifies price changes. If the same percentages are to apply at all times, only the base price listed in the matrix needs updating. Likewise, in a derived foreign currency matrix, only the record containing the base price needs to be changed as the other prices are derived automatically.
See Adding a Price to a Product for information on how to create the individual Prices records. The remainder of this section provides examples of how to set up a basic pricing matrix for a number of scenarios:
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The matrix supports one base price per currency type. Therefore, in the scenario above, the Euro price cannot be a percentage of the US Dollar base price, and vice versa. To derive a price in one currency based its price in another currency, use the Derived From Currency field on the Prices record's Currency tab. See Creating a Derived Currency Price or Creating a Derived Foreign Currency Pricing Matrix, for details. |
Creating a Derived Foreign Currency Pricing Matrix
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