Generally, price types are just for the dealer’s reference. With few exceptions, the system doesn’t do anything with price types. The exceptions are:
SALE_PRICE – A price type with this code is interpreted as a set sale price for the product. If this is set, the normal calculations for sale price are ignored and this value is used.
SHIPPING_CHARGE – If this code is used for a price type, that is the fixed shipping charge for this product and normal calculations are ignored.
MARKET_VALUE – This will be used for calculating the market value of inventory for tax purposes.
REPLACEMENT_VALUE – this will be used for calculating the replacement value of inventory for insurance purposes.
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