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Retail Price

Field codes IN KNPC1 | OUT WIPC1 | API retailPrice | Max Length 10 | Decimals 2

Definition

This field specifies the supplier’s recommended retail price (RRP), excluding VAT, per base price unit.

Explanation

The RRP is a recommended selling price that recipients may use as guidance when setting their price towards the end customer. The price is always stated excluding VAT and per base price unit.

When an RRP is provided, the date from which the price becomes valid must also be entered in the field Valid From Date for Sales Price.

When entering decimal values, a comma (,) is used as the decimal separator.

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Retail price

Usage

The supplier specifies the recommended selling price per base price unit.

Finfo verifies that the correct decimal separator is used and that the number of decimals does not exceed the permitted level.

Recipients may use the RRP as guidance when setting their own prices.