Node Preferences - Merchandise - Pricing - Price Levels

Each Price Level represents a completely separate set of inventory prices that can be modified as needed to suit specific needs. For example, you might have a regular "retail" price level but also have other price levels for groups like employees, VIPs, etc. You can assign a price level to a customer. When the customer is entered on a transaction, the customer's assigned price level will be used. When updating price changes with Price Manager, you select the price level to which the changes will be applied.
Sample Price Level Preferences

New Price Level
Click the Add button. In the dialog, enter a name for the Price Level. Note: Pricel Level names in RRIL are limited to six characters. Price Level names longer than six characters will be truncated when replicated to RIL.