Price Book is an optional add-on. The Price Book feature provides the ability to maintain historical pricing by date, which facilitates adding new prices based on a percentage increase.

Setup:

1. In the Company > Parts tab - Click on the Use Historical Price Book option to be able to see the Price Book tab on the Parts Maintenance.
   
2. To generate a new price, click on the Generate button on the Price Book Tab in Parts Maintenance.
   
3. In the Update Price Percent field, enter a percent for the prices to be increased and an Effective Date.
   
4. You can review the proposed increase by clicking on the List button on the Price Book tab. The list can be run historically or for a pending increase.
   
5. When ready, click on the Apply button on the Price Book tab to initiate the price change.