--- title: PRICE MATRIX - Contract Cost Pricing description: This utility is used when a Vendor is providing you with a rebate after an item is sold --- [Skip to content](https://cs.geminilogic.com/en/manual/price-matrix-contract-cost-pricing#main-content) English Show submenu for translations [New Ticket](https://cs.geminilogic.com/en/manual/kb-tickets/new?hsLang=en) [Customer portal](https://cs.geminilogic.com/tickets-view?hsLang=en) ![Gemini-Logic-Logo (1).png\]](https://cs.geminilogic.com/hs-fs/hubfs/Gemini-Logic-Logo%20(1).png?height=40&name=Gemini-Logic-Logo%20(1).png) - Home - Products - Pricing - Blog - Company Open main navigation Close main navigation - Home - Products - Pricing - Blog - Company - English Show submenu for translations - [New Ticket](https://cs.geminilogic.com/en/manual/kb-tickets/new) - [Customer portal](https://cs.geminilogic.com/tickets-view) - [Go to Gemini Logic](https://www.geminilogic.com/) [Go to Gemini Logic](https://www.geminilogic.com/) Search the User Manual - There are no suggestions because the search field is empty. 1. 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[Spire User Manual - Price Matrix](https://cs.geminilogic.com/en/manual/spire-user-manual-price-matrix?hsLang=en) # PRICE MATRIX - Contract Cost Pricing ## This utility is used when a Vendor is providing you with a rebate after an item is sold - activate this utility by identifying the GL Account to capture the rebate amount in - Edit \> Company Settings \> General Ledger \> Contract Cost:![CompanySettingsGLGeneralContractCost](https://cs.geminilogic.com/hs-fs/hubfs/CompanySettingsGLGeneralContractCost.png?width=520&height=355&name=CompanySettingsGLGeneralContractCost.png) - in **Price Matrix** click on ![AddNewIcon](https://cs.geminilogic.com/hs-fs/hubfs/AddNewIcon.png?width=28&height=28&name=AddNewIcon.png) ![PriceMatrixListAdd](https://cs.geminilogic.com/hs-fs/hubfs/PriceMatrixListAdd.png?width=487&height=285&name=PriceMatrixListAdd.png) - select the **Whse** (or leave blank for all) / **Part No** / **Customer** (or leave blank for all Customers), and **Vendor**           ![PriceMatrixContractCost](https://cs.geminilogic.com/hs-fs/hubfs/PriceMatrixContractCost.png?width=425&height=418&name=PriceMatrixContractCost.png) - establish the **Contract Cost** (rebated cost) - **![](https://cs.geminilogic.com/hubfs/image-png-Aug-01-2022-08-17-59-71-PM.png) Save and Close** - create a Sale Order with this Item / Customer - note the price in green which identifies that it is a Price Matrix setting ![](https://cs.geminilogic.com/hubfs/image-png-Apr-24-2023-08-23-11-1206-PM.png) - note the discounted cost![](https://cs.geminilogic.com/hubfs/image-png-Aug-01-2022-08-18-32-13-PM.png) - note the resulting General Ledger entry, with the COGS at 785.00, and inventory at 946.95 (true Average Cost), and the debit difference of 161.95 to Vendor Rebates Receivable - [Spire Systems - General Knowledge Base](https://cs.geminilogic.com/en/manual/spire-systems-general-knowledge-base?hsLang=en#main-content) - [Tips and Tricks](https://cs.geminilogic.com/en/manual/spire-systems-general-knowledge-base?hsLang=en#tips-and-tricks) - [Spire Administration - General Ledger](https://cs.geminilogic.com/en/manual/spire-systems-general-knowledge-base?hsLang=en#spire-administration-general-ledger) - [Spire Administration - Sales](https://cs.geminilogic.com/en/manual/spire-systems-general-knowledge-base?hsLang=en#spire-administration-sales) - [Spire Administration - Inventory](https://cs.geminilogic.com/en/manual/spire-systems-general-knowledge-base?hsLang=en#spire-administration-inventory) - [Analytics for Spire](https://cs.geminilogic.com/en/manual/analytics-for-spire?hsLang=en) - [Spire User Manual - System Overview](https://cs.geminilogic.com/en/manual/spire-user-manual-system-overview?hsLang=en) - [Spire User Manual - User Settings](https://cs.geminilogic.com/en/manual/spire-user-manual-user-settings?hsLang=en) - [Spire User Manual - Vendors](https://cs.geminilogic.com/en/manual/spire-user-manual-vendors?hsLang=en) - [Spire User Manual - Inventory](https://cs.geminilogic.com/en/manual/spire-user-manual-inventory?hsLang=en#main-content) - [Pricing](https://cs.geminilogic.com/en/manual/spire-user-manual-inventory?hsLang=en#pricing) - [Spire User Manual - Price Matrix](https://cs.geminilogic.com/en/manual/spire-user-manual-price-matrix?hsLang=en) - 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