Multistore: If the Keep Prices the Same in All Stores field in Options Configuration (or Function MIC) is Y, Price 1 is master data. If the field is N, Price 1 is store-specific data.
This field on the Pricing tab of Inventory Maintenance is matrix price 1 from the Price Matrix Maintenance window (MPM). If you use the price matrix, customers whose Std Sell Price in Customer Maintenance is 1 pay this price for this item.
If matrix price 1 in the Price Matrix Maintenance window is *, then you must enter the matrix price.
This field is numeric. You can enter up to seven numbers plus a decimal point. For example, 1234.567.
The default is the retail price.
Lumber users only: The system enters Price 1 in stocking and alternate units for you.