If you use blanket contracts, think about how you want to price for them. You can set up contract price lists either by item number or by product line. However, the amount you charge for coverage of one item is probably not the same as the amount you would charge for a blanket contract that may cover many items.

To use automated pricing, consider setting up a distinct service type with unique price lists that are used only for blanket pricing. If you enter an item number on a blanket contract line, the system finds the price for that item.

If you are creating a blanket contract that covers all an end user’s items, automated pricing can occur only by product line. Since there is no item to establish a product line, the system uses the product line of the service type in searching for a price for a blanket contract with blank items.