This field is on the Codes tab of Inventory Maintenance. Click the Additional Codes Flags hyperlink to access this field.
Allowable values are: blank (use the customer's normal price), List, Retail, Average, Replacement Cost, or Price Matrix 1– 5. If an item has a Fixed Price Indicator, the indicated price is ALWAYS the price used when posting that item in POS/Order Entry. The ONLY exception is if the item is on a contract in Category Pricing Plans (CPP) and the customer has that CPP plan.
The Fixed Price Indicator gets that price into POS. Once there, it can be manipulated, just like any other item's price – it can be overridden, discounted, repriced by Copy/Reprice, and can even be posted at No Charge.