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Price Books are configured in Setup / Product Catalog / Package / Price Books

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Services configured under price books can also be setup with region specific GL Codes and Service Tax Categories. When specified these values setup on services in price books will override the GL Codes and Service Tax Categories configured directly on the service, allowing services in a particular region to be classified and taxed appropriately for the region.

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A ‘Standard’ system defined price book will be listed here. This price book is the default price book where standard pricing is configured for packages on the package frequencies screen. All accounts in the system can purchase products from the standard price book (provided other requirements are met, such as the currency configured on the package matches the currency configured on the account). If you don’t define your own price books then the Standard price book will be the only one used when configuring prices on package frequencies.

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The information in this panel reflects the currently selected price book. From here you can change price book details (fields will display a red left border if a value is required and purple text if the field is read-only and cannot be modified).

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