Price Profiles are a good way to manage a set of prices across a number of products. For instance, if you have many products at 5.99 & many products at 4.99, then you could create two price profiles. One at 5.99 & one at 4.99. You can then attach the products to the profile so if you wish to change 4.99 to 4.98 you can do so on one screen & all products on that profile will be updated.
Price Profiles can store more than one currency. The 5.99 price profile could contain a 5.99 USD price, a 4.99 GBP price & a 5.66 EUR price.
Price Profiles can store more than one price type. The 5.99 price profile could contain a 5.99 USD price with price type 1, a 4.99 GBP price with price type 2 with a tax breakdown, an agency price for GBP with price type 41 & 42 and a 5.66 EUR price type 1.
Each price profile is applicable to only one supplier.
Creating a profile
Price profile admin can be found on the left hand menu within the General menu item.
General -> Price Profiles
Click Create New
Give the profile a name. Give the profile a description to help with finding the correct profile for edit later.
Once you have created the profile more tabs will appear that allow you to add prices to the profile.
You can now add that price profile to a book via the price tab.